Sales of previously owned homes in the US declined sharply in January to the lowest level since April last year, reflecting a shortage of properties on the housing market and rising prices that could potentially constrain the market this year.
German business confidence strengthened for a fourth consecutive month in February, climbing to the highest level in seven months, fanning concerns over a waning resilience of the Euro zone's biggest economy.
Activity in the Japanese manufacturing sector expanded at the slowest pace in seven months in February as domestic orders declined, whereas orders from overseas rose, adding to signs that the nation's economy will continue to recover.
Canada's retail sales dropped at the fastest pace in over four years in the festive period, as gasoline prices plummeted and holiday shopping was subdued.
Retail sales in the UK dropped in January more than expected to the lowest level in 12 months, led by a decline in food sales.
Growth of business activity in the US manufacturing sector accelerated in February at the fastest pace since November, rebounding from the lowest level in a year in the preceding month.
Euro zone finance ministers agreed to extend the Greek bailout deal for four months on Friday, but urged Greece's government to come up with a list of reforms by Monday.
Euro zoneLast week was all about Greece, as the country's government finally submitted Greece made a formal request to ask for a loan extension following two rounds of negotiation with its European creditors to ensure a financial lifeline to keep the country afloat in the coming months. Also, the ECB agreed to provide extra 3.3 billion euros emergency funds to
The trade gap plummeted almost 60% in January from the previous year as exports soared and the import bill for oil and gas declined due to sharply lower crude oil prices.
New Zealand producer prices dropped in the final quarter of 2014, reflecting lower global dairy and oil prices, adding to broader weak inflationary pressures.
Activity in the British manufacturing sector rose to the highest level in February, as both overseas and domestic orders increased, suggesting a brighter outlook for the coming months.
The number of Americans who applied for unemployment benefits in the week ended February 13 fell more than expected, fresh evidence the US labour market is improving.
Greece made a formal request to ask for a loan extension following two rounds of negotiation with its European creditors to ensure a financial lifeline to keep the country afloat in the coming months.
The Bank of Japan kept its monetary stimulus programme intact in line with expectations, while analysts still predict further moves in the coming months as inflation consistently runs below the bank's goal and economic growth is still fragile.
Canada's wholesale sales rose in December at the fastest pace in almost four years driven by increases in the automobile and personal household goods categories and reinforcing the view that consumers are spurring growth.
Although Bank of England policy makers voted unanimously for the second consecutive month to keep monetary policy intact, however, difference in views of central bankers re-emerged.
The Fed sounded unexpectedly dovish, saying that interest rates will be kept unchanged at historic low levels for longer amid concerns over low inflation and fears of derailing the US economic recovery.
Greece will ask for a six-month extension of its European loan agreement on Thursday, Greek government spokesman Gabriel Sakellaridis confirmed.
A deteriorating economic outlook, doubts about a pickup in domestic spending and weak China's demand for raw materials triggered the latest interest rate cut.
The Chinese economy may slow this year as the country is facing the risk of deflation and sluggish demand undermine economic performance.
Britain's inflation continued to fall, declining to record low since records began in 1989, driven down by a plunge in food and fuel prices.
Sentiment among US homebuilders dropped for the second consecutive month in February, but remained above the 50-mark threshold for an eight month in a row, indicating that more builders think that market conditions were favourable.
Investors in the Euro zone largest economy remained upbeat on Germany's near-term economic outlook in February, as the ZEW index reached the highest level in 12 months.
New Zealand retail sales jumped more than expected in the December quarter, led by increased vehicle sales, underscoring upbeat consumer confidence amid low inflation and a growing economy.