Demand for long-lasting U.S. manufactured goods rose more than analysts estimated in May, while a measure of planned business spending soared for the third consecutive month, a sign of broad-based gains that signal manufacturing sector is stabilizing.
The European Central Bank President Mario Draghi pointed out that the bond-buying programme is more important now, as policy makers in other countries are pondering to introduce radical shifts into their policy.
The amount of cash held by the nation's commercial banks and the central bank inched higher last week, adding to signs that investors are getting less anxious over the Eurozone's financial woes.
An index that measures corporate service prices inched up by a seasonally-adjusted 0.3% in May following a –0.3% reading in the month earlier, according to the Bank of Japan on Tuesday.
Ahead of a key data on Thursday that will likely to show that the U.K. gross domestic product picked up 0.3% in the first quarter, compared to a decline of 0.3% in the quarter earlier, George Osborne, the Chancellor of the Exchequer, pointed out that a relapse is possible in case the government abandon their economic plan.
The U.S. President Barack Obama said last Monday that the Fed's Chairman Ben S. Bernanke stayed in his position much longer than he wanted or was supposed to.
Confidence among German investors increased for a second consecutive month in June, amid signs that a recovery in Europe's powerhouse remains on track for a stronger growth in the second quarter after the weak performance during the first three months.
A bunch of economic data from Canada was unveiled on Friday, reflecting weak domestic demand and vulnerability of economic recovery, data from the Statistics Canada showed.
The Bank of Japan Governor Haruhiko Kuroda said that Japan's policy members are closely watching moves of long-term interest rates and expressed the BoJ's readiness to take additional monetary-easing measures if the economy does not gain momentum as expected.
Britain's public sector net borrowing that exclude financial interventions, reached £8.8 billion last month, less than initially expected, affected by multi-billion pound cash transfer to the Treasury.
The Federal Reserve is widely expected to start trimming its asset-purchase programme, also known as quantitative easing, to $65 billion already in September, and announce an end of buying in June 2014, the plurality of estimates from economists is suggesting.
The Eurozone current account surplus rose more than expected in the middle of spring, surpassing analysts' expectations of a 14.2 billion euros surplus by more than 5 billion, boosted by trade with goods.
Another signs that the Swiss economy remains highly vulnerable to the on-going financial and sovereign debt crisis in the neighbouring Eurozone have emerged during the last week, as the Swiss National Bank decided to retain the currency ceiling at 1.20 per Euro, highlighting risks to the economy from external developments.
The expansion of New Zealand's economy decelerated more than forecast during the last quarter, due to the nation's worst drought in 30 years that curbed farm output, the Statistics New Zealand said in a report.
During its monthly policy meeting the Swiss National Bank decided to retain the currency ceiling at 1.2 per Euro, saying risks to the economy from external developments, especially neighbouring Eurozone, remains high.
Britain's retail sales bounced back more than initially was expected in May, as consumers spent more online and on food, adding to evidence of acceleration in economic growth in the second quarter of 2013 and providing some relief for the central bank.
More Americans than expected filed applications for jobless benefits during the last week, as manufacturing activity growth slowed slightly this month. Initial jobless claims climbed by 18,000 reaching a total of 354,000 in the week ended June 15, up from a revised 336,000 in the prior week and well above analysts' projections for a 340,000 reading.
Private sector activity in the 17-nation economy contracted once again in June, although at a slower pace, suggesting the economy may emerge from its longest ever recession and finally start gaining momentum soon.
Wholesale sales in Canada rose for the fourth consecutive month in April, posting the longest streak of gains in a year, boosted by computer and communication supplies.
Confidence among Swiss investors stagnated this month, raising concerns the economy may struggle to gain the momentum due to the recession in the neighbouring Eurozone, the ZEW Center for European Economic Research said Wednesday.
During his last monetary policy meeting Bank of England's Governor Sir Mervyn King lost his final vote since the majority of policy makers blocked his bid for another expansion of the stimulus programme, as the economic recovery is taking hold.
The Federal Reserve decided to keep the pace of the asset purchase scheme at $85 billion a month, but is ready to begin winding down its unprecedented easing programme later this year.
The closely-watched EU and the U.S. trade deal is one of the most lucrative bilateral trade deal in the whole history and is likely to be very beneficial for both sides.
New Zealand's current account deficit shrank in the January-March period matching economists expectations as volumes and prices of dairy exports surged and the tourism sector performed well.