While the European economy has been struggling to solve the refugee crisis, a number of economists expect that inflow of around 800,000 people into Germany will boost the Euro zone's biggest economy.
Minutes of the latest Bank of Japan meeting showed that officials reiterated the view that the world's third biggest economy continued to recover moderately, despite exports and production remaining more or less flat due to the effects of the slowdown in emerging markets.
Construction activity in Australia dropped at the fastest pace in almost four years last quarter after increasing for the first time in more than a year in the second quarter.
Testifying before a treasury select committee, Bank of England Governor Mark Carney reiterated that the current, record-low interest rates in Britain are likely to continue "for some time", explicitly signalling that the central bank is in no hurry to raise rates.
The world's number one economy grew faster in the third quarter than originally estimated. Gross domestic product rose at a 2.1% annualized rate, compared with the initial reading of 1.5%, according to the Commerce Department.
German business morale improved in November, reaching the highest level since summer 2014. Ifo's business climate index rose to 109.0 from 108.2 in October, the strongest reading since June 2014.
Japan's manufacturing sector continued to improve in November, expanding at the fastest pace in 20 months in November, as output and new export orders rose.
Sales of existing homes in the US dropped last month from the second highest level since 2007 as a persistent shortage of properties limited momentum in residential real estate.
Business activity in the Euro zone rose at the fastest pace since mid-2011 in November and far faster than predicted, as a weak Euro and price cutting helped to increase the number of new orders.
Canada's retail sales unexpectedly dropped in October, driven by a decline in sales of gasoline and autos, raising further fears over the Canadian economy in the second half of the year.
William Dudley, the head of the New York Fed said that the US central bank should soon be ready to hike interest rates as central bankers grow increasingly confident that low inflation will rebound and the employment remains resilient.
The European Central Bank is prepared to act promptly to underpin stubbornly low inflation in the Euro zone, providing investors with the strongest hint yet that the central bank will initiate a new round of fresh stimulus measures at its December meeting.
Euro zoneThe European Central Bank considered expanding its stimulus programme to support Euro zone's struggling economy at its last policy meeting. Moreover, the ECB admitted that the risk increased that the central bank would again miss its inflation target. Even though the ECB's measures proved to be effective, the central bank receives little help from outside as government reform efforts
The value of Canadian wholesale trade unexpectedly declined in September, weighed by a decrease in motor vehicle and parts sales for the third consecutive month, according to Statistics Canada.
British retail sales declined below forecasts in October following a strong performance in the preceding month, the Office for National Statistics reported.
The number of initial jobless claims in the US continued to hover near the lowest level in four decades last week as the labour market improves to reach full employment.
The European Central Bank considered expanding its stimulus programme to support Euro zone's struggling economy at its last policy meeting.
New Zealand producer prices increased at a solid pace in the third quarter, driven by a rise in dairy and meat prices as the weakness in the New Zealand Dollar boosted export prices, signalling inflationary pressures may be picking up.
The Swiss National Bank reiterated its view that the Swiss Franc is considerably overvalued, despite spending hundreds of billions of francs on interventions to push the nation's currency lower.
The Bank of Japan maintained its monetary policy, hoping that an economic recovery is around the corner despite soft domestic capital expenditure and uneasy global business conditions.
The minutes of the FOMC meeting in October reinforced the view that the Fed may finally hike interest rates as soon as next month, given job growth and inflation trends remain resilient and continue to improve.
US consumer inflation rose in October after two consecutive months of declines as the cost of gasoline and a range of other goods increased.
Consumer price inflation in the UK remained in negative territory for the second month in a row in October, highlighting worries over deflationary pressures and views that interest rates would stay at record-lows in the nearest future, the Office for National Statistics reported.
Business morale in Germany improved in November following seven successive monthly falls. The investor confidence index surged to 10.4 points, up from 1.9 points a month earlier, according to the ZEW economic institute.