Mood among American consumers improved more than initially expected, suggesting the effects of sequester are starting to wane and consumers are feeling more confident about the economic future, survey conducted by the University of Michigan showed Friday.
The change in the price of imported goods purchases in Europe's largest economy in June was also negative, raising concerns the overall inflation in Germany could be muted.
The last week was not filled with important economic events or any press releases, nevertheless the markets was quite volatile during the last trading week.
The Reserve Bank of New Zealand stayed pat on its own key interest rate, also reiterating it will keep borrowing costs at record low this year, citing subdued growth in consumer prices that has been held down by the overvalued domestic currency.
Japanese consumer prices rose in June at the highest annual pace in almost five years, adding to signs of an end to persistent deflation.
The pace of growth of British economy accelerated further in the second quarter, as all sectors showed expansion for the first time in three years, a sign measures introduced by the government and the central bank are contributing to growth.
A series of mixed economic reports from the U.S. was published on Thursday, showing a stronger-than-expected demand for durable goods, as well as weakness in the labour market.
Mood among businesses in Europe's powerhouse, Germany, has formed an uptrend and followed it in July, cementing expectations German economy and the whole Eurozone are stabilizing.
Consumer prices pressure in Australia came in short of expectations for a third quarter in row, adding more pressure on the Reserve Bank of Australia to cut rates in August as mining investment is approaching its peak.
Shipments from the world's third largest economy surged 7.4% in June from a year earlier, led by a significant depreciation of the Japanese Yen.
The number of new orders at British manufacturers improved more than expected this month, with businesses being more optimistic about the economic outlook, cementing expectations the economy is on the path to recovery.
The number of sales of recently built homes in the U.S. surged more than initially was expected in June, reaching the highest level in five years, another sign builders are benefiting from a lack of supply of existing properties.
The manufacturing output across the 17-nation bloc that has the Euro in circulation surprisingly expanded this month for the first time in two years, suggesting Eurozone is pulling out of recession.
Statistics Canada reported stronger-than-expected retail sales in May, as demand for motor vehicle and parts was exceptionally strong.
Japan posted another trade deficit in June as imports costs advanced on a weaker Yen, according to the Ministry of Finance.
The U.K. mortgage market has strengthened in June, as major mortgage providers approved more loans for house purchases last month, however, figure came below analysts' expectations, data by the British Bankers Association showed Tuesday.
The city of Detroit, which has become the largest U.S. city to file for bankruptcy, is heading to its first day in court on Wednesday, even despite some lawsuits are trying to block a plan to restructure city's more than $18 billion in debt.
The recession in Spain, Europe's fourth largest economy, probably, eased in the second quarter and the economy is showing signs of stabilization, Bank of Spain estimate's showed Tuesday.
During July's policy meeting the Swiss National Bank's President Thomas Jordan said the bank has no intention to introduce any changes or even scrap a Franc ceiling of 1.20 versus the single currency.
Shinzo Abe's Liberal Democratic Party has won a majority in the upper house, cementing Abe's grip on power, however, raising concerns he can lose interest in difficult economic reforms and shifts in policies to his nationalist agenda instead.
British Prime Minister David Cameron said the domestic economy is healing, and further improvement should allow the government to lower taxes.
Rapidly growing prices and more expensive mortgage weighed on demand for previously owned houses in June, especially in more expensive markets, the National Association of Realtors said Monday.
Portuguese President Anibal Cabaco Silva accepts compromise reached by the coalition government, meaning an end to a weeks-old political crisis.
Canada's annual inflation rate surged for the second consecutive month in June to 1.2% after hitting 0.4% in April, the lowest level in more than three years.