US private employers created more jobs than expected in June, indicating further improvement in the labour market, which may justify US interest rate hike later this year.
While Greece continues to hit all headlines, Euro zone manufacturing activity rose to the highest level in more than a year in June, as growth increased in Germany, France, and the Netherlands.
China's manufacturing sector remained weak in June, a private survey by HSBC showed, which once again contradicted an official report. The HSBC China Manufacturing PMI rose slightly to 49.4 in the reported month, up from 49.2 in May.
Canada's economic growth unexpectedly fell in April, hurt by a decrease in activity in the mining and oil and gas extraction industry, according to Statistics Canada.
The British economy grew faster than previously thought in the first quarter of the year, as household's disposable income increased at the fastest annual rate since 2011.
US consumer confidence rose solidly last month as Americans felt much more upbeat about the nation's economy and labour market, reinforcing the view the world's number one economy was back on track after a shaky start to the year.
Greece fell in its financial abyss after the bailout programme, which had been supporting the economy for five years, expired at midnight Tuesday and the country missed its crucial 1.6 billion euro loan repayment to the IMF, reigniting fears over whether it will be able to remain in the currency bloc.
New Zealand building consents remained virtually flat in May as falling demand in Auckland offset surging construction intentions in other parts of the country.
Canada's producer prices rose in May, led by increasing costs of energy and petroleum products, Statistics Canada said. Canada's industrial product price index climbed 0.5% in the reported month, following a 0.9% decrease in April.
British mortgage approvals unexpectedly dropped in May after rising in April to the highest level in more than a year.
Contracts to buy previously owned US homes jumped to the highest level in more than nine years in May, adding to signs the US housing market is gaining steam after a wobbly start to the year.
While all eyes are focused on Greece this week, following the weekend's unexpected and dramatic events, Germany's latest inflation data may provide temporary distraction.
China's benchmark money-market rate slid the most in five months and the nation's currency weakened in offshore trading following the People's Bank of China's decision to cut its benchmark interest rate and relaxed reserve requirements for some lenders.
Japan's economy provided mixed data in the beginning of week, with retail sales overshooting expectations, while industrial output disappointed. Industrial output dropped 2.2% on month in May, compared with the median forecast for a 0.8% decrease.
UK wage growth remained tepid in the three months through May, and prospects of gains in the near term remained doubtful.
US consumers' mood brightened at the end of the month, reinforcing the view the world's number one economy was likely to gather momentum in the foreseeable future.
The Greek debt talks have turned to full-blown crisis, with closed Greek banks, imposed capital controls and the Euro set for a freefall.
JapanThe Bank of Japan kept intact its massive monetary policy stimulus and its optimistic outlook for the world's third biggest economy, signalling its belief that Japan's economy will gain momentum enough to lift inflation to its 2% goal without extra monetary easing. In a widely expected decision, the central bank said it would proceed with its record 80 trillion yen
New Zealand unexpectedly logged a trade surplus in May, as imports fell by more than exports.
Japan's inflation remained subdued, while consumers opened their wallets, with household spending unexpectedly rising for the first time in more than a year.
Even though UK retail sales remained strong in June, the volumes sold fell more then expected from the preceding month.
The number of Americans, who applied for unemployment assistance in the week ended June, rose but remained at a level consistent with a strengthening labour market.
Following a decline in German business morale in June, consumers also became more cautious for the first time since October, as the Greek debt crisis weighs on the Euro zone's number one economy.
The US economy contracted in the first quarter less than previously estimated as it struggled with bad weather, a strong US Dollar, spending cuts in the energy sector and disruptions at West Coast ports.