UK house prices climbed at a slower than expected pace in January after a decline in mortgage approvals in the prior month, the mortgage lender Nationwide reported.
In line with expectations, the Fed kept interest rates on hold and said that it was closely following global economic and financial developments.
The Fed's decision to hike interest rates in December last year partly contributed to the turmoil in emerging markets, Bank of England Governor Mark Carney said.
The Australian Dollar advanced and any chances of an interest rate cut by the Reserve Bank of Australia were dissipated after December quarter headline inflation beat market's expectations.
US consumer sentiment rose in January to the highest level since October despite a stock market rout and increase in house prices in November, indicating underlying resilience in the world's number one economy despite a steep growth slowdown in recent months.
Despite recent market turbulence, Australia's business confidence remained strong last month.
Japan logged a trade deficit for a fifth consecutive year in 2015, after the country slipped into deficits following the 2011 nuclear accident in Fukushima, which led to closures of reactors and pushed up imports of oil and gas.
UK factories started the year on a weak footing as export orders declined at a steeper pace in January compared with December, while total orders also fell, according to the Confederation of British Industry.
German business confidence dropped for a second month in a row in January to the lowest level in almost a year, with manufacturers and construction companies becoming more pessimistic about the outlook for their businesses.
Retail sales in Canada, the 11th largest economy in the world based on nominal GDP, surged at the highest pace since June 2014 in November.
Retail trade in the United Kingdom was quite weak throughout the last month of 2015 when the gauge is traditionally expected to pick up due to Christmas holidays.
Business activity in the US manufacturing surged unexpectedly in January, rebounding from a more than three-year low.
While services sector in France seems to be growing again in January 2016, manufacturing is now on the verge of contraction.
The ECB made a decision to hold all interest rates in the Euro zone unchanged.
Initial claims for unemployment benefits in the US surged to the highest level in six weeks for the five-day period ended January 16, judging by the Labour Department's data released Thursday.
European Central Bank made a decision to hold all interest rates in the Euro zone unchanged at its meeting in Frankfurt on Thursday.
The Bank of Canada kept its key interest rate on hold at 0.5%.
A bunch of worse than expected data was released in the US. Consumer prices unexpectedly declined in December amid drops in food and energy prices.
The UK unemployment rate unexpectedly declined to the lowest level in almost a decade, while wage growth slowed less than predicted as the labour market continued to improve.
Germany's producer prices dropped more than expected in December amid a steep decline in energy prices.
New Zealand inflation slowed more than expected in the final quarter of 2015, as declining gasoline prices pushed annual price growth to the lowest level since September 1999.
China's industrial production and retail sales data disappointed in the last month of 2015.
The British inflation climbed to the highest level in eleven months, with transport costs, mainly air fares and petrol being the main contributor to the rise.
Investor confidence in Germany declined in January for the first time in three months amid a turbulent start to the year for global equity markets triggered by concerns about China's economic outlook.