Retail sales in the US dropped in September, recording the first decline since January, when a severe winter weather hit the nation's economy.
The series of disappointing data from the Euro zone seems never ending. Inflation in the Euro bloc's biggest economy remained at a dangerously low level in September, according to the Federal Statistics Office, keeping the European Central Bank under pressure to step up efforts to revive the region's economy.
Producer prices in Switzerland declined for a second consecutive month in September. The Swiss Federal Statistical Office reported its PPI fell by a seasonally adjusted 0.1% last month, in line with predictions, following a decline of 0.2% in August.
Australian consumers began to feel slightly more optimistic in October about the economic outlook and their finances; however, the number of pessimists outweighs those who feel upbeat amid Australia's weak economic performance.
Britain's inflation rate fell further in September as declining oil prices and a stronger local currency lowered imports costs, reinforcing the view the Bank of England will maintain interest rates at 320-year low for now.
US small business confidence fell in September as the number of owners, who expect a decline in profits and sales, tightening in credit conditions and a difficulty to fill job openings, increased.
Now all the talks are about a possible recession in the Euro zone, as well as in its so-called growth engine—Germany, as the latest data from the region does not offer any reason to think otherwise.
China's surprisingly positive trade data in September may reduce a need of bold policy actions such as inters rate cut; however, prospects of prolonged property downturn suggests more measures are still required to bolster the nation's economy.
Business confidence in Australia declined in September from the previous month due to drop in profits and hiring amid weak economic performance.
The Bank of England Mark Carney said that further monetary policy actions will be influenced by global growth, inflation and a performance of the Euro zone, which is currently struggling to grow and is mired into deflationary spiral.
While US economic growth accelerates, the rest of the world is struggling to grow. Continental Europe and Japan are on the verge of another recession and China's economy is also slowing.
European officials continue to argue over how much more stimulus the European Central Bank should provide to the Euro zone's economy.
Unemployment rate in Australia notched up in September; however the Australian Bureau of Statistics revised its August and July figures to a lower jobless rate than previously reported.
The Bank of Japan released minutes from its meeting in September, which showed that the majority board members were still confident that the goal of 2% sustained inflation by fiscal 2015 will be reached and it was important to monitor inflation expectations across the nation's economy.
The Bank of England left its benchmark interest rate at a 320-year low amid sluggish growth in the neighbouring Euro zone and signs domestic growth is losing steam.
The US is no longer the world's largest economy, isn't it? According to the IMF, China overtook America to become the biggest economy in the world.
German exports plummeted the most since January 2009, adding to latest signs Europe's number once economy struggles to recover from the second-quarter slowdown.
Housing starts in Canada increased more than expected in September, while the prior month's figure was also revised upwards. According to the Canada Mortgage and Housing Corp, the seasonally adjusted annual rate of housing starts rose to 197,343 units up from 196,283 units in August.
Japan's machinery orders, leading gauge of capital spending, increased for the third consecutive month in August, in a tentative sign companies are investing their profits in plants and equipment spurring growth in the world's number three economy.
UK house prices rose at a more rapid face than expected on month in September, but the market is expected to moderate heading into next year, according to Halifax survey.
The minutes from the latest FOMC meeting showed that policy makers are concerned about slowing global growth and a stronger Dollar that poses risks to the nation's economy.
The ECB has started to provide some hints concerning the volume of its balance sheet expansion plan announced last week.
The Swiss National Bank may act soon, as consumer prices in Switzerland declined from the previous year for the first time in seven months in September, affected by a decline in the costs of imports and falling oil prices.
The Bank of Japan has finally admitted the fact the sales tax hike has had a notable negative impact on the world's third biggest economy, as industrial production, a key driver of economic growth, was showing signs of weakness.