German business morale unexpectedly improved in November, suggesting the Euro zone's number one economy is gradually regaining its footing after struggling to grow in recent months.
China surprised markets at the end of the trading week by cutting interest rates in an effort to support the world's second-biggest economy as it is set for the slowest expansion in almost a quarter of a century.
Consumer prices in Canada rose more than expected in October, as prices of gasoline and clothing soared.
Public finances in Britain improved in October, with borrowing excluding banks falling to 7.7 billion pounds, according to the Office for National Statistics.
The European Central Bank stands ready to act and broaden its asset-purchases programme to drive inflation higher as fast as possible, ECB Head Mario Draghi said.
The main topic of the previous week appeared to be the sales tax hike delay in Japan. Being convinced by Paul Krugman, the Nobel laureate, Abe decided to delay for 18 months a second sales tax hike from the current 8% to 10% after the first lift in April led the economy shrank for two consecutive quarters.
Japan's exports grew robustly in October, rising the most in eight months, adding to optimism that global demand could help the world's third-biggest economy recover from recession and support the Bank of Japan's upbeat economic outlook.
Producer input prices in New Zealand dropped in the third quarter as falling farm gate milk prices cut input costs for dairy manufacturers, reinforcing the view inflation in the South Pacific country will remain subdued.
Britain's retail sales, which account for 5.6% of total UK GDP, rose at the fastest clip in six month in October, driven by sales of household goods and spending on food.
The number of Americans seeking new claims for jobless benefits dropped less than expected last week, but continued to point to improving labour market conditions.
Activity in both manufacturing and services sectors of the Euro zone slowed in November, adding to concerns the Euro bloc's economy risks a renewed slowdown.
Despite the recent downbeat data, which showed the Japanese economy slipped into recession, the Bank of Japan decided to keep its monetary policy and its optimistic economic outlook unchanged, allowing some time to assess the effect of its unexpected easing last month.
Activity in China's manufacturing sector slowed in November, with output falling and deflationary pressures increasing, underscoring weak demand in the Asian economy.
For the fourth months in a row the Bank of England policy makers remain split on interest rate hike, with two officials voting for an immediate rate increase, the November Monetary Policy Committee minutes showed.
The subdued pace of inflation is replacing jobless rate as the main reason the Fed is not ready to begin hiking interest rates, minutes of the latest FOMC meeting showed.
Euro zone's current account surplus rose to 30.0 billion euros in September compared with the upwardly revised 22.88 billion surplus in the previous month.
Japan's Prime Minister Shinzo Abe dissolved the parliament and called an early election as he sought to prolong his term and save his Abenomics policies as the country slipped into recession.
The Australian Dollar strengthened against its US counterpart even after minutes from the latest Reserve Bank of Australia's recent meeting showed policy makers' dissatisfaction with current levels of the nation's currency, reiterating it was still above the fundamental value.
Britain's inflation unexpectedly rose last month from the lowest level in five years as transport prices declined less than in the previous year.
US producer prices surprisingly inched higher in October, though underlying trend pointed to a subdued inflation that could foster the Fed to keep interest rates at ultra-low level a bit longer.
A gauge of German economic confidence rebounded, overshooting market expectations, fuelling hopes of an improvement in Europe's number one economy after it barely escaped recession in the third quarter.
Retail sales in New Zealand rose at a faster pace than expected, driven by supermarkets and grocery stores. Retail sales volume grew the most in more than two years, surging a seasonally adjusted 1.5% in the third quarter, up from a revised 1.1% in the preceding three month period.
Bank of England Governor Mark Carney and the Chief Economist, Andy Haldane, indicated that low inflation is the most serious problem facing the economy and they watch closely downside risks to inflation as the central bank emphasizes the reasons for keeping monetary policy loose.
Industrial production in the world's largest economy unexpectedly fell in October, dragged down by drops at utilities, mines and automakers, signalling manufacturing began the final quarter of the year on a soft footing.