A sustained economic recovery is finally taking hold in the currency bloc thanks to the central bank's stimulus as well as cheaper oil prices, European Central Bank President Mario Draghi said.
The unemployment rate in Canada rose more than expected in February due to the number of people looking for work grew, Statistics Canada reported.
Output in the British construction sector, which accounts for 6% of the UK economy, unexpectedly declined at the beginning of the year, due to weak activity in the housing sector.
US producer prices continued to decline in February, adding to signs of weak inflationary pressures in the world's number one economy.
German Finance Minister Wolfgang Schaeuble said that Greece's exit from the Euro bloc was still possible, but highlighted that Europe wants provide further aid to Greece.
Euro zoneThe European Central Bank began buying government bonds under its QE programme designed to underpin inflation in the Euro zone. The plan calls for the 19 central banks in the Euro bloc to purchase around €60 billion of public and private bonds each month until at least September 2016. Jens Weidmann, Bundesbank chief and a member of the Governing
Australia's labour market improved in February amid sturdy full-time and part-time employment gains.
The Reserve Bank of New Zealand left its official cash rate on hold and pledged to keep it unchanged for up to two years, as a strong New Zealand Dollar and lower oil prices hold down inflation.
Britain's trade deficit shrank in January to its lowest level since mid-2013, due to a surge of exports of services as well as decline in oil prices.
US retail sales unexpectedly declined for a third month in a row in February as harsh weather and tepid wage growth restrained shoppers.
German inflation returned to positive territory in February, after consumer prices in Europe's number one economy slid to deflation in January.
Japan's core machinery orders dropped in January, suggesting weakness remained in capital spending.
A slew of worse than expected data came out in China, adding to signs of weakness in the first two months of the year.
Both manufacturing and industrial output unexpectedly dropped in January, adding to concerns of the UK economy's deceleration.
Treasury Secretary Jacob Lew compared the US economy with a "well-oiled machine", as the American economy managed to lead the world out of the Great Recession thanks to a bold fiscal and monetary response to the turmoil.
Mario Draghi, the European Central Bank President, defended the decision to deploy a massive stimulus plan, based on large-scale purchases of government bonds.
Surge in Australia's consumer confidence last month appeared to be short-lived, denting hopes for a consumption-driven recovery despite the central bank cutting interest rates in February and signalling its intention to lower rates at least one more time in coming months.
China's inflation unexpectedly picked up in February, due to higher food prices during the Lunar New Year holiday, easing concerns over deflationary threat in the world's second biggest economy.
British retail spending continued to rise in February, suggesting falling inflation has encouraged consumers to spend, according to the British Retail Consortium.
Job openings rose in January to the highest level since 2001, according to the US Bureau of Labor Statistics. The number of job openings climbed to 5 million, up from 4.88 million openings reported in December.
France's industrial production continued to increase in January, beating economists' expectations for a decline.
While Japan managed to recover from recession, it grew lass than previously estimated in the final quarter of 2014.
China's exports surged in February, pushing the country's trade balance to a record high.
Australia's business environment deteriorated last month, with economic slowdown and political uncertainty both contributing to the decline in confidence among Australian businesses.