The members of the BOJ's monetary policy board said that the Japanese economy is moderately recovering, minutes from the recent board's meeting in the beginning of September revealed Wednesday.
The International Monetary Fund has revised upwards its growth outlook for the U.K. by more than any other advanced economy.
While U.S. political deadlock is delaying tapering of unprecedented monetary stimulus, U.S. President Barack Obama announced what he called probably his most important economic decision, nominating Federal Reserve Vice-Chair Janet Yellen as the next chairman of the nation's central bank on Wednesday.
Amid continuous signs of economic amelioration in the 17-nation area, Germany is still leading growth and gaining momentum, as industrial output advanced above estimates in August, suggesting Europe's powerhouse is benefitting from broadening recovery.
A bunch of economic reports was released on Tuesday, showing unemployment rate was unchanged in September, consumer prices fell on a yearly basis, while retail sales exceeded forecasts.
The Japanese Yen tumbled 0.35% against the greenback, bouncing from the two-month high, after disappointing data, underscoring drags on the world's third largest economy as Shinzo Abe tries to revive economic growth.
Another ray of sunshine appeared on Tuesday, when British Chambers of Commerce said the country is poised to expand at the fastest pace in five years in the third quarter.
On Tuesday the yield on one month Treasury bills hit the highest since late last year, trading around 0.16%, almost 14 basis points higher from a week earlier, another sign investors are getting increasingly concerned about the prospects of the U.S. government default.
German exports revived in August, rising slightly less then estimated but more than imports and widening the trade surplus, on signs the economic is continuing in the Eurozone, the country's biggest trading partner.
Holdings by the Swiss National Bank stood at 432.45 billion franc in September, slightly down from 434.2 billion a month earlier, even despite the fact the Alpine country's currency advanced against the Euro and greenback.
While politicians in the White House are failing to make the consensus on budget, the government shutdown is starting to weigh on other global economies.
The latest growth projections are showing the U.K. is poised to become one of the fastest growing economies in the world, and together with upbeat fundamental data the economy is likely to accelerate even further.
The U.S. government shutdown entered into the second week, and with no end in sight it is putting growth in the world's largest economy under further threat with each day.
Bringing a ray of sunshine to the deeply-indebted Greece, the nation's government upgraded its growth outlook, saying the economy will exit the recession in 2014.
The Australian Dollar soared to its highest level against the greenback since September amid sings the Reserve Bank of Australia will postpone its decision to cut the benchmark interest rate any further.
As it was widely expected the Bank of Japan refrained from additional stimulus measures, citing a continuing economic amelioration and improved sentiment, while also mentioning growing uncertainty ahead of implementation of higher sales tax next April.
During a period of several months Britain has emerged from falling into recession and managed to become one of the fastest growing economies in the developed world.
Shutdown day four. Clouds are gathering above the White House, as budget deal is still elusive and a deadline on the debt ceiling is approaching.
Change in the price of goods sold by German manufacturers turned into negative territory unexpectedly in August, amid growing uncertainty about the coalition government, German statistics office said Friday.
Government shutdown. Postponed job reports. Optimistic Draghi's comments and strong fundamental data from Britain were the main drivers last week, and even though currencies have not risen or fallen significantly, important highs and lows were reached.
During the last policy meeting the Reserve bank of New Zealand hinted at a possible rate hike in the next year in order to curb the inflation; however, there are risks now interest rates may rise even faster unless house-price inflation, which expanded at the fastest pace since early 2008, is brought under control.
In light of the signs of economic amelioration and following Shinzo Abe's decision to raise consumption tax in April the formed BOJ board member Atsushi Mizuno said the central bank is likely to stay in a "wait-and-see" mode at least until the second quarter of 2014 before deciding whether to add more stimulus.
A key pillar of Britain's economy, services sector, which accounts for 78% of the total economic output, posted solid growth last month, bouncing off to its strongest quarter in more than 16 years on the back of a strong recovery in the housing market.
While the latest White House meeting failed to break the budget logjam, and the widely-discussed government shutdown entered its third day, the economy continued to send mixed data, bolstering the case it is too early to speak about tapering of the Fed's stimulus.