The UK house prices climbed at their slowest annual pace since March 2013 and declined for a fifth month in a row in London, adding to signs that the looming general election in May is undermining demand.
June is an appropriate timing for the first interest rate hike in the US, according to Federal Reserve Bank of Richmond President Jeffrey Lacker's opinion.
The German Chambers of Commerce markedly upgraded its growth outlook for this year, as plunging oil prices and a weaker Euro are predicted to underpin the Euro zone's powerhouse despite geopolitical tensions in Ukraine and uncertainty about Greece's future in the Euro bloc.
Australian businesses remained gloomy over the outlook in January amid the recent sluggish economic performance.
During the first month of 2015, Chinese annual inflation rate reached a five-year low, as factory deflation increased, highlighting constant weakness in the economy.
The UK economy grew at the fastest rate in 2014, but weakened closer to the end of the year, as did the manufacturing production sector.
Job openings surged more than expected in December, with the headline figure reaching the highest level in 14 years.
While couple of hours remain till the emergency gathering of the Euro zone finance ministers and the Greek officials, the odds of Greece's exit from the Euro zone are increasing.
In the first public appearance after last week's interest rate cut, Glenn Stevens, the RBA Governor, did not comment on domestic monetary policy but rather talked about the internationalisation of the Renminbi, the Chinese currency.
China, the world's second biggest economy, saw its trade performance significantly deteriorating in January, underscoring deepening weakness in the nation's economy.
Japan recorded its sixth consecutive monthly surplus in the broadest measure of trade in December. Nevertheless, the surplus shrank for a fourth straight year to the smallest on record in 2014.
According to the Federal Reserve, the US labour market lost some traction in the beginning of the year, after a strong run toward the end of 2014.
One of the key highlights of this week is Greece's government meeting with Euro zone finance minister on Wednesday in Brussels to come up with a solution to the current standstill before Greece's bailout programme expires at the end of the month.
The Swiss National Bank's foreign currency reserves slightly increased last month, as official data showed.
The Reserve Bank of Australia revised its growth and inflation outlook for 2015, following its decision to cut the official cash rate by 25 basis points a day earlier, bringing it no a new record low of 2.25%.
The British trade deficit ballooned to its biggest level since 2010 last year, as exporters were hit hard by the ongoing weakness in the Euro zone, the UK's main trading partner.
The US job growth gained momentum, while wages rose, indicating strength of the US economy.
German industrial production, which measures the volume change in output of factories, mines and utilities, barely rose in December, adding to signs that the European powerhouse experienced a patchy growth at the end of 2014.
The Reserve Bank of Australia has joined easing trend spreading around the world's leading central banks.
Retail sales in Australia during the festive December disappointed, coming in weaker than expected and supporting the Reserve Bank of Australia's recent interest rate cut.
Canada's trade gap widened in December amid rising imports of energy products and sluggish exports growth.
The Bank of England decided to keep its key interest rate and QE programme unchanged.
The US trade deficit unexpectedly widened in December to the highest level since 2012 as imports increased despite lower energy costs, which will negatively affect the fourth-quarter growth revision later this month.
The European Central Bank poured cold water on Greece's attempts to find support overseas to fix the country's finances.