Japan's manufacturing sector continued to expand, albeit at a slower pace, pointing to a modest recovery after the nation's economy unexpectedly fell into recession.
Activity growth in the British manufacturing sector accelerated in November to the fastest pace in four months, as domestic demand offset subdued exports due to falling orders form the Euro zone as well as emerging markets.
The US manufacturing sector growth slowed in November to its lowest rate since January, while indicators of new orders and output also declined to their lowest levels since the beginning of the year.
Factory output of the Euro zone's top economies: Germany, France and Italy, remained in the red territory in November, while activity in Spain's manufacturing sector continued to increase.
Business confidence in New Zealand improved for the second straight month, with confidence rising in the agriculture, manufacturing and services sectors, ANZ Bank's business outlook survey showed.
Robust export growth, strong business investment and consumer spending boosted the Canadian economy by an annualized 2.8% in the third quarter, following an upwardly revised growth of 3.6% in the previous three-month period, Statistics Canada said.
Britain's house price inflation cooled to the lowest level in 11 months in November, as the property market continues to lose steam, the UK's second largest mortgage lender Nationwide reported.
Gold plunged the most in three weeks after Swiss voters overwhelmingly rejected a referendum forcing the Swiss National Bank to hold 20% of its reserves in gold and preventing from ever selling any, as well as requiring to physically repatriate all Swiss gold held abroad.
The threat of deflation intensifies, as the Euro zone's inflation rate declined to 0.3% in November, down from 0.4% a month earlier.
While some European experts believe that there is no need of extra stimulus in the Eurozone, others urge the ECB to act in the beginning of 2015.
The Australian Dollar rebounded from the lowest level in four years against the Greenback as private capital expenditure data surprised markets to the upside.
The Canadian Dollar was lower on Thursday on declining commodity prices and better than expected current account data.
Japan's consumer prices declined for a third straight month, while retail sales dropped more than expected, adding to signs the nation's economy continues to struggle to recover after devastating effect of the sales tax hike in April.
Gold declined for a third consecutive day, heading for a weekly drop amid expectations sharp fall in oil prices to the lowest level in four years raised prospects of cooling inflationary pressures, thus curtailing the metal's appeal as a hedge.
Euro zone economic sentiment improved for the second consecutive month in November as an increase in industry sentiment offset pessimism among consumers, a tentative sign the currency bloc is escaping outright stagnation.
The New Zealand economy continues to grow, but the growth pace is moderating, the New Zealand of Economic Research said.
After plunging 14% since mid-year, the Japanese Yen's drop is about to stop, the former Minister of Finance Eisuke Sakakibara said. He believes that the nation's currency is unlikely to hit its low of 124.14 per Dollar in the run-up to the financial crisis in June 2007.
The British economy continues to rely on domestic spending, which drove the nation's economic output to a seventh consecutive quarter of expansion.
For the first time since early September initial unemployment claims broke above the 300,000 threshold, rising to a seasonally adjusted 313,000 in the week ended November 22, but the underlying trend remained consistent with a strengthening labour market.
European Central Bank Vice President Vitor Constancio said that the central bank is set to purchase government bonds early next year should policy makers ponder that more decisive measures are needed.
The New Zealand Dollar weakened following the data release which showed local businesses cut their inflation expectations as economic growth slow from the rampant pace at the beginning of the year.
An increase in the auto sector, which represents one-quarter of overall retail sales, boosted retail sales in Canada to a better than expected result that may force analysts to raise their expectations for GDP.
Despite weak inflation in the UK, the Bank of England officials expect their next decision will be to hike interest rates and now they are focused on timing and a degree of an eventual tightening in policy.
US economic expansion was much stronger than initially estimated in the three months through September, adding to signs that the world's number one economy remains on a solid footing despite increasing global uncertainty.