Manufacturing sales in Canada surprised to the upside, led by auto industry sales. Canadian factory sales increased 1.7% to C$52.4-billion on month in December as a decline in the sale of petroleum and coal products was compensated by rise in transportation equipment, machinery, and food sales, Statistics Canada data showed.
The UK construction sector's activity slowed at the end of the last year, due to less maintenance and repair work as well as slower house building.
US import prices posted the biggest decline in six years in January, adding to signs that domestic inflation could remain subdued for a while.
Growth in Germany accelerated in the final quarter of the year, benefiting from falling oil prices and a weaker Euro.
Euro zoneThe closely watched event of the previous was the negotiation between the Eurogroup and Greece's officials, as European leaders have been trying to avert the worst-case scenario of Greece defaulting on its debt. Unfortunately, the agreement was not reached after seven hours talks in Brussels, but both parties hinted that there was still hope for a deal, with negotiation
Speaking at a bi-annual appearance before the House of Representatives standing committee on economics, Reserve Bank of Australia Governor Glenn Stevens warned that interest rate cuts may not be as effective as they used to be in the past.
Food prices in New Zealand climbed in January, signalling stronger inflationary pressures at the beginning of the year, which could be offsetting a precipitous decline in oil prices, triggering an earlier-than-expected RBNZ's move on interest rates.
The Bank of England revised its short term inflation forecast, saying that there is a high probability that consumer prices will slid to the negative territory shortly but highlighted that there is no risk of persistent deflation in the country.
US retail sales declined more than expected in January, suggesting growth in the world's number one economy lost some traction at the beginning of the year.
While Greece is within a hair's breadth of a massive default and European finance leaders are trying to avert the worst-case scenario, the unemployment rate in Greece remained at an unhealthy high level.
Consumer confidence in Australia rose in February to the highest level in a year after the Reserve Bank of Australia cut its official cash rate to a new record low of 2.25% last week, providing home owners with another boost in spending power.
Japan's machinery orders increased more than expected in December, suggesting that companies are willing to spend following the April sales tax hike that drag the nation's economy into recession.
The UK house prices climbed at their slowest annual pace since March 2013 and declined for a fifth month in a row in London, adding to signs that the looming general election in May is undermining demand.
June is an appropriate timing for the first interest rate hike in the US, according to Federal Reserve Bank of Richmond President Jeffrey Lacker's opinion.
The German Chambers of Commerce markedly upgraded its growth outlook for this year, as plunging oil prices and a weaker Euro are predicted to underpin the Euro zone's powerhouse despite geopolitical tensions in Ukraine and uncertainty about Greece's future in the Euro bloc.
Australian businesses remained gloomy over the outlook in January amid the recent sluggish economic performance.
During the first month of 2015, Chinese annual inflation rate reached a five-year low, as factory deflation increased, highlighting constant weakness in the economy.
The UK economy grew at the fastest rate in 2014, but weakened closer to the end of the year, as did the manufacturing production sector.
Job openings surged more than expected in December, with the headline figure reaching the highest level in 14 years.
While couple of hours remain till the emergency gathering of the Euro zone finance ministers and the Greek officials, the odds of Greece's exit from the Euro zone are increasing.
In the first public appearance after last week's interest rate cut, Glenn Stevens, the RBA Governor, did not comment on domestic monetary policy but rather talked about the internationalisation of the Renminbi, the Chinese currency.
China, the world's second biggest economy, saw its trade performance significantly deteriorating in January, underscoring deepening weakness in the nation's economy.
Japan recorded its sixth consecutive monthly surplus in the broadest measure of trade in December. Nevertheless, the surplus shrank for a fourth straight year to the smallest on record in 2014.
According to the Federal Reserve, the US labour market lost some traction in the beginning of the year, after a strong run toward the end of 2014.