Amid growing speculations of a possible housing bubble in the U.K. and the fact the recently launched Help to Buy scheme will fuel its further, António Horta-Osório, from Lloyds Banking Group tried to calm down markets by saying a property bubble may be averted in case the government will boost the supply of new housing.
With only couple of days left before the October 17, the world's largest economy is moving perilously closer to its first-ever default, while the partial government shutdown entered its 14th day as leading political parties still struggle to reach a consensus.
Another gleam of hope for the 17-nation economy has emerged on Monday, as official figures indicated a sharp rebound in industrial output, which expanded at the strongest pace in more than two years in August.
The Canadian Dollar soared versus major peers on Friday after report from Statistics Canada showed the unemployment hit the lowest level in almost five years in September, even though the main driver is not suggesting bright prospects.
The Bank of Japan confident in reaching its inflation level within the planned period. Nothing new. However, BoJ's Governor Haruhiko Kuroda also said he expect a pickup in wages by next spring.
The economy is one the right track and government measures are supporting economic growth.
Amid hopes of a possible budget deal and a slight progress in negotiations between Democrats and Republicans, stocks surged all over the world. Hence, U.S. stocks closed out Thursday's session with a sharp bang, with major indexes gaining more than 2%.
Consumer prices in Europe's powerhouse, Germany, advanced in line with analysts' forecasts, reflecting subdued inflationary pressure and underscoring fragile recovery.
Since September 11 the USD/JPY currency pair has been moving in a channel down pattern; however, speculations of a possible budget deal and the fact the United States will avoid its first-ever default, sent the greenback higher.
The Australian Dollar lost 0.4% against the greenback on Thursday as situation in the labour market is continuing to deteriorate and a recent drop in unemployment rate masks a growing trend of underutilization in the Australian economy.
A strong jump in machinery orders are solidifying a durable economic recovery, and sending a welcoming sign for companies to increase capital spending, which is vital for achieving sustained growth.
As it was widely expected Britain's policymakers refrained from any additional stimulus measures, sticking to Carney's pledge to keep borrowing costs at current level for the foreseeable future even despite obvious signs the economy is gaining momentum.
The number of American filing initial jobless benefits last week rocketed due to a backlog in California, caused by a switch in computer systems, while partial federal shutdown has become a major drag on the labour market as well.
Amid growing trade between Europe and China, ECB's authorities and representatives of the People's Bank of China claimed their intention to launch a bilateral currency swap agreement to bolster access to trade finance and strengthen the global use of the Yuan.
Euphoria after elections begins to wane, while a steep decline in the stocks as well as uncertainty about U.S. possible default are weighing on Oz consumers.
The members of the BOJ's monetary policy board said that the Japanese economy is moderately recovering, minutes from the recent board's meeting in the beginning of September revealed Wednesday.
The International Monetary Fund has revised upwards its growth outlook for the U.K. by more than any other advanced economy.
While U.S. political deadlock is delaying tapering of unprecedented monetary stimulus, U.S. President Barack Obama announced what he called probably his most important economic decision, nominating Federal Reserve Vice-Chair Janet Yellen as the next chairman of the nation's central bank on Wednesday.
Amid continuous signs of economic amelioration in the 17-nation area, Germany is still leading growth and gaining momentum, as industrial output advanced above estimates in August, suggesting Europe's powerhouse is benefitting from broadening recovery.
A bunch of economic reports was released on Tuesday, showing unemployment rate was unchanged in September, consumer prices fell on a yearly basis, while retail sales exceeded forecasts.
The Japanese Yen tumbled 0.35% against the greenback, bouncing from the two-month high, after disappointing data, underscoring drags on the world's third largest economy as Shinzo Abe tries to revive economic growth.
Another ray of sunshine appeared on Tuesday, when British Chambers of Commerce said the country is poised to expand at the fastest pace in five years in the third quarter.
On Tuesday the yield on one month Treasury bills hit the highest since late last year, trading around 0.16%, almost 14 basis points higher from a week earlier, another sign investors are getting increasingly concerned about the prospects of the U.S. government default.
German exports revived in August, rising slightly less then estimated but more than imports and widening the trade surplus, on signs the economic is continuing in the Eurozone, the country's biggest trading partner.