The UK manufacturing sector encountered a surprise contraction in April that reflected in the PMI, as it entered negative territory for the first time in 4 years, plummeting under the 50 point mark to show 49.2 points.
Atlanta Federal Reserve President Dennis Lockhart said that the UK's referendum on whether to leave the EU could "loom large" as the Fed weigh whether to hike interest rates at its next policy meeting.
Activity in China's manufacturing sector unexpectedly dropped further in April, fuelling doubts about whether Beijing's stimulus measures can sustain growth in the world's second-largest economy.
The Reserve Bank of Australia surprised economists by slashing interest rates to a new historic low in a bid to reignite inflationary pressures.
The US manufacturing sector expanded at a more moderate pace in April, partly due to a slowdown in new orders, but an increase in export orders to the highest level in more than a year offered hope for the sector.
ECB President Mario Draghi responded to critics from German Finance Minister Wolfgang Schauble that negative interest rates hurt savers and weighing on the banking sector.
Activity in China's manufacturing sector increased for the second month in a row in April, but only marginally, fuelling doubts about the sustainability of a recent pick-up in the world's second-largest economy.
Canada's economy contracted for the first time in five months in February, as the manufacturing, mining and energy sectors all shrank.
The Fed's favourite inflation barometer slowed in March, falling from one-and-a-half-year peak, while consumer spending ebbed.
The Euro zone posted mixed fundamentals with the economy growing strongly and unemployment falling slightly while consumer prices dropped yet again into deflation territory.
The Fed opted not to hike interest rates and remained ambiguous about raising rates in June amid moribund economy and weakening consumer spending.
New Zealand firms were more upbeat about the economic outlook this month as a sturdy construction sector remains central to the country's growth in the coming year, while retail, construction, and service firms felt the biggest boost in confidence.
The US economy expanded in the first quarter at the slowest pace in two years due to a sharp pullback in business investment and sluggish global demand.
The number of unemployed people in Germany continued to decline in April reaching a historic 25 years low despite the refugee crisis.
The Bank of Japan kept its monetary policy unchanged and held off on expanding monetary stimulus, sending the Japanese Yen up and stocks down.
The Reserve Bank of New Zealand kept interest rates on hold, but said it may need to cut rates further as slowing global economic growth and a strong New Zealand Dollar prolong a period of tepid inflation.
The British economy slowed in the first quarter, hit by an ongoing decline in the industrial sector and concerns that a looming vote on the country's membership of the EU will hurt the economy further.
The Fed opted not to hike interest rates and remained ambiguous about raising rates in June amid moribund economy and weakening consumer spending.
New Zealand's annual trade deficit hit its highest level in nearly seven years, due to steep declines in dairy products.
Australian consumer prices fell for the first time since 2009 last quarter, opening the door to a potential interest rate cut from the Reserve Bank of Australia as soon as next week.
Orders to US factories for long-lasting manufactured goods increased less than expected in March, while a key category that tracks business investment plans remained weak for a second month.
New US single-family home sales unexpectedly fell in March, but the decline was mainly concentrated in the West region, implying that the housing market continued to strengthen.
German companies remain upbeat about the economy, but fears about weakening exports due to a slowdown in the US and China are dampening the mood among German executives.
Canada's annual inflation rate slowed in March as lower gasoline prices offset increases in food and shelter costs, while a robust data on retail sales offered a positive sign for first-quarter economic growth.