US retail sales surged the most in a year in April as Americans boosted purchases of automobiles and a range of other goods, suggesting the economy was regaining momentum after growth almost stalled in the first quarter.
Quarterly GDP growth showed a positive trend in the Euro area, rising above previous quarter levels even after a downward revision.
The Bank of England warned Britain's economy would slow sharply, and could even slide into recession, if Britons voted to leave the European Union.
New Zealand first-quarter retail sales volumes rose at the slowest pace for three quarters, against economist expectations.
The Bank of England warned Britain's economy would slow sharply, and could even slide into recession, if Britons voted to leave the European Union.
The number of Americans filing for unemployment benefits increased last week to a more than one-year high.
The Euro zone industrial production declined sharply for the second month in a row in March, suggesting that the currency bloc's economic recovery is likely to remain modest despite a stronger start to the year.
Inflation expectations among Australians declined to the lowest level in eight month in May, with weak first-quarter consumer price data having a negative effect on expectations.
New Zealand's manufacturing sector expanded at the strongest pace since January last month.
Japan posted its largest monthly current account surplus in nine years in March, led by an improved trade balance and robust returns from foreign investments.
Britain's manufacturing output recorded the biggest annual decline in any month for nearly three years, fuelling fears over the health of the country's overall economy.
Australian consumer confidence improved markedly in May after the Reserve Bank of Australia trimmed interest rates for the first time in a year.
The Reserve Bank of New Zealand said the risks to New Zealand's financial system have intensified in the past six months.
The UK's trade deficit widened in the first quarter to its biggest value since the onset of the financial crisis, reinforcing the view that global weakness is weighing on the economy.
American employers posted the most open jobs in eight months in March, but total hiring slowed, sending mixed signals of the labour market.
A bulk of data releases on the European economy provided mixed diagnoses for largest economic trend setters over the continent for March and April.
China's consumer inflation held steady in April, giving the People's Bank of China more room to ease monetary policy as the world's second-biggest economy combats tepid demand.
British house prices declined more steeply than expected in April after the introduction of a new tax on the purchase of rental properties, and the market might start to cool, mortgage lender Halifax said.
The Fed's own labour market conditions index recovered last month in line with expectations, marking its highest level of the year thus far.
German factory orders increased more than expected in March due to strong foreign demand especially from countries outside the Euro zone, in a sign that a robust start to the year for Europe's number one economy may extend into the second quarter.
China's exports unexpectedly declined in April as sluggish demand continued to weigh on the world's second-biggest economy.
The Canadian economy lost 2,100 jobs in April, while the unemployment rate remained unchanged at 7.1%, according to Statistics Canada.
Bank of Japan policy makers were confident the world's third biggest economy is recovering, but some were concerned about a continued slowdown in consumer inflation, the minutes of the March meeting showed.
The US labour market lost steam in April, as the world's biggest economy created the fewest number of jobs in seven months and Americans dropped out of the labour force, casting doubts on whether the Fed will hike interest rates before the end of the year.