The ECB kept interest rates unchanged at record low in line with expectations. During his birthday conference, Mario Draghi, ECB President, said that renewed downside risks emerged to the growth and inflation outlook in recent weeks.
Australian retail sales unexpectedly declined in July, the first fall since May 2014, due to mounting consumers' pessimism amid tough economic times.
The UK construction sector picked up slightly in August, the latest PMI reading for the given sector showed on Wednesday.
US private sector added fewer jobs than expected in August, undermining expectations that the Fed will hike interest rates in September.
Factory gate prices in the Euro land continued to decline in July, suggesting weak inflation pressures in the currency bloc.
The worst expectations were confirmed as the Canadian economy slid into recession in the first half of the year for the first time since the Great Recession.
The Australian economy grew less than expected in the second quarter, due to a slowdown in its leading trading partner China, which weighed on exports.
Growth in British manufacturing sector slowed in August as export orders dropped for a fifth straight month.
Activity in the US manufacturing sector slowed in August to the weakest level in more than two years, while construction spending surged to the highest level in more than seven years.
The jobless rate in the 19-nation currency bloc declined more than expected in July, reaching the lowest level in more than three years.
Activity in China's manufacturing sector continued to contract in August, adding to signs that the world's second biggest economy is fast losing steam.
Business morale among New Zealand companies slid the lowest level in six years in August.
Canada's current account deficit shrank slightly in the second quarter due to more favourable trade in goods and services.
The Reserve Bank of Australia kept interest rates on hold at 2% after the recent stock market turmoil as a weaker Australian Dollar and past rate cuts have a positive impact on growth.
Consumer prices in the Euro zone continued to rise modestly in August, despite falling energy prices.
The second estimate of Britain's GDP showed no revisions to both quarterly and annual readings of economic growth.
US consumer spending rose a bit in July as households purchased more automobiles, adding to further evidence of strength in the economy that could keep the door open to a Fed interest rate hike this year.
Greece's economy surprisingly grew both on an annual and quarterly basis in the second quarter, escaping technical recession, whereas unhealthy high unemployment, deep deflation and political woes were expected to take a toll on the debt-stricken country's economy.
USThe US economy grew more than previously estimated in the second quarter, supported by robust consumer and business spending. The world's number one economy expanded at an annual rate of 3.7% in the April-June quarter, more than a percentage point greater than the 2.3% originally estimated. It was the strongest growth since last summer and marked a great improvement from
Japan's retail sales rose more than expected in July, adding to tentative signs consumption will support the economy and drive it back to growth in the third quarter.
The US economy grew more than previously estimated in the second quarter, supported by robust consumer and business spending.
Business morale in France rose to the highest level in four years amid low oil prices and a weaker Euro.
The People's Bank of China injected 140 billion yuan into China's economy on Wednesday, in latest attempt to prop up slowing economic growth, fuelling investors concerns over a "hard landing".
Australian capital expenditure dropped in the second quarter, but outlook for planned investment improved slightly.