Mario Draghi, the ECB President, articulated a new set of rules on economic reforms that the Eurozone member states should adopt to narrow economic differences between the countries.
Swiss consumer prices remained unchanged in June from the previous year, highlighting the necessity to keep the SNB's cap on the Swiss Franc.
Australian business confidence rose in June, while business conditions reached the highest level in five months as an increase in sales and profits helped companies stay confident following the unpopular federal budget.
Britain's factory production unexpectedly fell on the month in May, while industrial output also declined, official data showed, raising questions about the country's recovery pace.
More positive news for the U.S. job market: JOLTS job openings increased to 4.635 million in May, significantly more than expected, and are back to the pre-crisis high.
German trade data surprised analysts to the downside, with exports and imports falling much more than expected in May, following other soft numbers that added to signs Europe's number one economy is losing steam.
Australian job advertisements have bounced back in June following a sharp fall a month earlier, when spending cuts and tax increases announced in the federal budget limited business hiring intentions.
U.K.'s younger workforce and flexible hour market will make Britain the second largest economy in the European Union by 2020, outperforming France.
While Americans celebrating one of their beloved holidays, Independence Day on fourth of July, and markets are closed in the U.S., the International Monetary Fund Director Christine Lagarde hinted that the fund may be preparing to revise its global economic outlook downwards, as she said that a pick-up in economic activity could appeared to be less robust than projected amid
The Euro Working Group, that includes Eurozone finance ministry officials and representatives from the European Commission and European Central Bank, has approved the disbursement of the next batch of Greece's bailout loan on Friday, after the country met outstanding reforms goals that had delayed the payment.
Last week brought a plethora of positive news from the U.S. and U.K., while the Eurozone and Pacific region posted slightly disappointing economic data. U.S. private sector created more jobs than expected, adding to evidence that the U.S. job market is improving.
Canadian exports to foreign markets rose more-than-expected in May, narrowing the country's trade deficit and setting the economy on a more sustainable growth path.
Mixed data came out from Australia on Thursday, with building approvals posting the strongest monthly gain in eight months, while sales at Australian retailers slumped.
The pace of growth in the U.K. services sector slowed in June, clouding the country's economic outlook.
The U.S. labour market continues to improve, as the unemployment rate in the world's number one economy declined to the lowest level since September 2008, adding to evidence that the recent contraction was just a temporary blip.
The European central Bank did not surprise analysts on Thursday, acting in line with expectations.
Australia's trade deficit widened significantly more than expected in May, pushing the Australian Dollar down immediately after the release of the official data.
The economic data from the U.K. continues to surprise analysts and markets to the upside, driving the Pound to new highs.
U.S. private sector created more jobs than expected, adding to evidence that the U.S. job market is improving along with demand.
Upbeat news came out from Spain, where the labour market continues to improve.
Switzerland's manufacturing production index rose in June after falling a month earlier as an increasing backlog of orders contributed to the index's gain.
The Australian Dollar skyrocketed to its highest level in 2014 amid the Reserve Bank of Australia's decision to maintain the benchmark interest rate unchanged at 2.5% for the eleventh straight month.
Manufacturing activity in the U.K. rose at the fastest pace in seven months in June, creating new jobs in the sector and fuelling optimism about the nation's economic prospects.
U.S. manufacturing sector growth slowed slightly in June, though number of new orders rose to the highest level in six months.