The minutes of the FOMC meeting in October reinforced the view that the Fed may finally hike interest rates as soon as next month, given job growth and inflation trends remain resilient and continue to improve.
US consumer inflation rose in October after two consecutive months of declines as the cost of gasoline and a range of other goods increased.
Consumer price inflation in the UK remained in negative territory for the second month in a row in October, highlighting worries over deflationary pressures and views that interest rates would stay at record-lows in the nearest future, the Office for National Statistics reported.
Business morale in Germany improved in November following seven successive monthly falls. The investor confidence index surged to 10.4 points, up from 1.9 points a month earlier, according to the ZEW economic institute.
Long term inflation expectations eased in New Zealand, suggesting the Reserve Bank of New Zealand may need to persuade people that price levels will return to the targeted level.
Canada's manufacturing sales unexpectedly declined in September to the lowest level since May, led by lower receipts in the automobile and petroleum industries, with August's data also revised downwards.
The Reserve Bank of Australia believed that ultra-low interest rates helped to underpin consumption and support the nation's economy as China's outlook remains the biggest concern, the minutes of the last board meeting showed.
Inflation returned to the Euro bloc last month, a revised data by the EU's statistics agency showed, led by price increases for fruit and vegetables.
Consumer spending in New Zealand rebounded strongly in the third quarter, powered by robust sales of cars and auto parts.
The Japanese economy slipped back into recession in the third quarter as uncertainty surrounding the overseas outlook undermined business investment, putting policy makers under increasing pressure to deploy new stimulus measures to prop up a fragile recovery the world's third biggest economy.
US retail sales rose less than expected in October due to a surprise decrease in automobile purchases, signalling Americans remained cautious about opening their wallets despite robust job growth and accelerating wages.
Slowdown in emerging markets, the Volkswagen scandal, as well as a migration crisis derailed the Euro zone's number one economy during the third quarter.
Fed officials supported a possible December interest rate hike with one key policy maker saying the risk of waiting too long was now in balance with the risk of moving too soon to raise rates.
Andy Haldane, the Bank of England's chief economist, argued against an interest rate hike in the near future as wage growth fizzled and the outlook for the global economy remained uncertain.
Fed officials supported a possible December interest rate hike with one key policy maker saying the risk of waiting too long was now in balance with the risk of moving too soon to raise rates.
The 19-nation bloc's industrial production demonstrated a contraction in September, even though output from manufacturers, mines and utilities improved in general, the European Union's data office Eurostat showed.
New Zealand manufacturing activity continued to increase in October, albeit at a slower pace than a month earlier.
Japan's machinery orders increased in September for the first time in four months, but firms predict modest gains in orders in the final quarter of the year, signalling the economy's rebound from the recession could be slow.
The UK unemployment rate dropped to the lowest level in seven years in the third quarter, extending an improvement in the labour market, the Office for National Statistics reported.
Australia's jobless rate declined as employment surged in October, overshooting economists' expectations by a wide margin.
Those who waited the European Central Bank President to shed some light on the possibility of more monetary easing in the Euro zone, were left disappointed.
China's industrial production and urban fixed investment continued to slow in October, while retail sales rose, suggesting the world's second biggest economy shifted toward greater reliance on consumer consumption as old growth engines faltered.
Low milk prices and Auckland's soaring housing market remained the key risks to the New Zealand's financial system, while the lower New Zealand Dollar is helping to cushion the nation's economy, the Reserve Bank of New Zealand said.
Consumer confidence in Australia strengthened this month, as Australians became markedly upbeat on the economic outlook, adding to signs that further cuts in interest rates might not be necessary.