Retail sales in Japan rose for a third consecutive month in September, adding to signs that consumer spending might be robust enough to withstand a second sales tax increase planned for next year.
British Prime Minister David Cameron, being under political pressure from eurosceptics, refused to pay 2.1 billion-euro bill into the EU budget by the December 1 deadline.
Orders for capital goods declined more than expected in September, dropping the most in eight months. However, the decrease is likely to be temporary as businesses have been feeling upbeat in recent months.
European Central Bank chief economist Peter Praet calmed down concerns about possible deflation in the Euro area, by saying that the risk of price deflation is limited, despite the fact that the Euro zone's consumer prices fell to the lowest level on record.
Japanese industrial production probably slightly recovered in September, whereas consumer price inflation may have fallen, adding to uncertainty whether the Japanese government will proceed with a planned sales tax hike again next year.
The Bank of England should start lifting interest rates now, as spare capacity in the UK's economy could be used up by the middle of next year, adding to inflation pressures.
The Federal Reserve this week will likely reiterate its willingness to wait some time before increasing interest rates following a volatile month in financial markets that saw some gauges of inflation expectations decline worryingly low.
ECB's year-long examination of banks asset strength and ability to withstand economic turbulence showed that 25 banks including nine Italian failed stress test, with capital shortfalls totalling 25 billion euros.
While Japanese policy makers are desperately trying to revive growth in the world's third biggest economy following the devastating sales tax increase in April 2014, as the deadline for reaching inflation goal is looming, economists revised their forecast for a fifth straight month, claiming that the probability the Bank of Japan will meet its 2% inflation goal by the next
New Zealand's trade deficit widened more than expected in September, largely due to swiftly falling dairy prices, while the import of aircrafts pushed the trade balance to its worst monthly value ever.
The British economy expanded at a 0.7% pace in the three months through September, as services sector activity unexpectedly deteriorated from the preceding quarter.
Demand for new US homes increased modestly in September after soaring in August, reaching multi-year peak, the Commerce Department said.
Activity in Italy's retail sales sector declined, as stubbornly high unemployment and timid signs of recovery did not encourage Italian shoppers to spend.
Despite the recent volatility in financial markets the Fed is expected to end its bond-buying programme as planned at the end of the current month despite the recent market volatility.
Business activity in the Chinese manufacturing sector picked up to the highest level in three months in October, easing concerns over the pace of the nation's economic growth.
The New Zealand Dollar weakened versus the Greenback after the release of inflation data, which disappointed market participants to the downside.
Retail sales in Britain declined more than expected in September, as clothing sales experienced the biggest decrease since April 2012.
The number of Americans seeking unemployment benefits increased last week, yet remained near the lowest level in 14 years, adding to further evidence of improving labour market.
While German activity in the manufacturing sector unexpectedly rose in October, France continues to experience a decline in the corresponding gauge.
Consumer prices in Australia declined in the third quarter, with a corresponding inflation gauge falling back to a comfortable level in the middle of the Reserve Bank of Australia's 2-3% target range, providing the central bank with ample room to keep interest rates on hold for longer.
Japan's trade gap widened in September though exports increased more than predicted as the Japanese Yen weakened to near the lowest level in six years, the Finance Ministry said.
Retail sales in Canada fell for a second consecutive month in August, as gasoline prices dropped and new cars and food recorded weaker sales, according to Statistics Canada.
Minutes of the latest BoE's Monetary Policy Meeting showed that officials remained split on hiking interest rates, with the majority of policy makers voted against immediate rate lift, while two officials were in favour for the third consecutive month.
Consumer prices across the US rose more than expected on a monthly basis in September. However, with the inflationary pressure still remaining subdued, the Fed is unlikely to be in a hurry to raise interest rates.