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.
Atlanta Federal Reserve President Dennis Lockhart said that the UK's referendum on whether to leave the EU could "loom large" as the Fed weigh whether to hike interest rates at its next policy meeting.
The Reserve Bank of Australia revised sharply downwards its inflation forecasts after slashing interest rates just days earlier due to weak first-quarter inflation data.
Canada's building permits declined in March due to fewer planned projects in western Alberta, particularly within the commercial sector.
Britain's services sector faced its worst month of growth in more than three years in April, indicating a further slowdown in total GDP growth in the short term ahead of the EU referendum.
The number of Americans applying for unemployment benefits increased more than expected last week, recording the biggest gain in more than a year, but the underlying trend still continued to indicate a strengthening labour market.
Australia's retail sales recovered in March after a lacklustre start to the year, reflecting strong consumer confidence and improving job market conditions.
Canada's exports fell sharply in March and the country's trade deficit with the rest of the world widened to a record level, fuelling doubts on the strength of the recovery in the resource-reliant economy.
The UK's construction output rose at the slowest pace in nearly three years in April, suggesting the economy was losing steam before June's referendum on whether to leave the European Union.
American private employers added the fewest workers in three years in April, considerably below economists' expectations, with signs of weak hiring activity across most sectors.
Economic growth in the Euro zone is likely to be steady but slow in the second quarter, underlying European Commission concerns that the currency area's recovery remains fragile and vulnerable to setbacks.
New Zealand's first quarter employment data showed unemployment rose as the participation and employment rate also increased.
The UK manufacturing sector encountered a surprise contraction in April that reflected in the PMI, as it entered negative territory for the first time in 4 years, plummeting under the 50 point mark to show 49.2 points.
Atlanta Federal Reserve President Dennis Lockhart said that the UK's referendum on whether to leave the EU could "loom large" as the Fed weigh whether to hike interest rates at its next policy meeting.
Activity in China's manufacturing sector unexpectedly dropped further in April, fuelling doubts about whether Beijing's stimulus measures can sustain growth in the world's second-largest economy.
The Reserve Bank of Australia surprised economists by slashing interest rates to a new historic low in a bid to reignite inflationary pressures.
The US manufacturing sector expanded at a more moderate pace in April, partly due to a slowdown in new orders, but an increase in export orders to the highest level in more than a year offered hope for the sector.
ECB President Mario Draghi responded to critics from German Finance Minister Wolfgang Schauble that negative interest rates hurt savers and weighing on the banking sector.