While the government's non-farm payrolls data showed US employers created more jobs than expected in February, the Fed's own composite gauge of conditions in the US labour market dropped in February.
The European Central Bank began buying government bonds under its quantitative easing programme designed to underpin inflation in the Euro zone.
Switzerland's foreign currency reserves rose to a record high in February, but the increase was likely to be caused by a decline in the Swiss Franc rather than by the Swiss National Bank's foreign currency buying.
The number of building permits issued in Canada declined more-than-expected last month in January.
Britons' expectations for inflation over the coming 12 months dropped to the lowest level in over 13 years in February, the Bank of England said.
US employers created more jobs than expected in February, while America's unemployment rate fell, reinforcing the view of a strengthening labour market that should encourage the Fed to raise interest rates this year.
The modest increase in Euro zone economic output at the end of last year was supported by rising investment and exports, raising hopes that the currency bloc's recovery will strengthen this year.
The ECB will start its QE programme as soon as March 9, Mario Draghi announced on March 5.
Australia's retail sales rose in January, adding to signs that consumer spending is gradually increasing in response to lower interest rates.
The Bank of Canada decided to maintain its overnight interest rate unchanged at 0.75% following a shocking move to cut borrowing costs in January.
The Bank of England opted to keep the interest rate unchanged in March, marking six years since policy makers reduced borrowing costs to all-time low levels to help the UK economy recover from a deep recession.
The number of Americans filling new claims for unemployment benefits rose in the week ended February 28, breaking above 300,000 threshold.
The European Central Bank will start its quantitative easing programme as soon as next Monday, March 9, Mario Draghi, central bank Governor announced on Thursday.
The Australian economy experienced a tepid growth in the fourth quarter, marking the slowest annual pace of growth last year, adding to the case of further RBA actions in the coming months to revive the economy.
Business activity in China's services sector rose last month after declining to the lowest level in six months in January, suggesting a modest recovery outside the manufacturing sector.
Activity growth in the British services sector unexpectedly slowed last month, but still remained strong at the beginning of the year.
US private employers added more than 200,000 workers to payrolls in February for the 13th consecutive month, in a latest sign that strong hiring should underpin the world's number one economy this year.
While the ECB's quantitative easing has not been launched yet, it seems that the Euro zone's economy has started to gradually recover.
The Reserve Bank of Australia kept the official cash rate on hold, but highlighted that further monetary policy easing is possible in the coming months in order to fuel growth in demand and inflation.
The Canadian economy grew more than expected in the December quarter, albeit at a slower pace than in the preceding three-month period.
Switzerland's economy slowed less than expected in the fourth quarter of 2014, supported by government and consumer spending.
The British construction sector experienced the strongest growth in four months, led by increases in new orders and supported by easier credit conditions and a low interest rate environment.
A flurry positive data came out on Tuesday from the Euro zone countries. In Germany, retail sales surged at the fastest pace in seven years in January, adding to hopes that private consumption will support growth of the region's powerhouse.
China's central bank unexpectedly announced interest rates cut on Saturday for the second time in less than four months, in a new attempt to stimulate flagging growth in the world's second biggest economy.