September is already here and for financial markets it usually means only one thing - high volatility.
Eurozone manufacturing recovery gathered pace last month, with manufacturing PMI hitting the highest since June 2011, as the sector expanded across the majority of European countries, including struggling to grow Spain and Italy.
The Alpine country is widely expected to gain momentum in the upcoming months, buoyed partially by an improvement in business sentiment in neighbouring Eurozone countries, the leading Swiss indicator showed Friday.
The pace of growth in consumer prices in the world's third largest economy soared most since 2008 in July, as weak Yen drove up the cost of energy and Japanese policymakers makes progress in pulling the economy out of decades of deflation.
Another signs British economy is on the path of sustain recovery came out on Friday, as the number of mortgage approvals rose to the highest since March 2008, house prices continued to soar in August, while confidence among Britain's reached the highest level in almost four years.
After an upbeat growth report on Thursday, news that consumer spending in the world's largest economy rose less than initially was expected was unexpected by market participants.
Despite the overall economic improvement in the 17-nation economy, the labour market still remains a major concern for the policymakers as the overall unemployment rate remained unchanged at all-time high in July.
As always last week was full of crucial fundamental data, which influenced the markets, resulting in high volatility, especially during the last two trading days– Thursday and Friday.
Amid gloomy news from Swiss economy the only bright spot for the Alpine country remains its labour market, which shows a stable pace of hiring since February 2012.
Canada's current account deficit widened in the second quarter, however, less than initially was expected, as the number of imported cars increased, while exports of crude oil declined.
Britain's long-term borrowing costs soared to a two-year high this week amid growing speculations among market participants that the gilts bull run may finally come to an end.
The pace of growth of the world's largest economy as well as the figures from the labour market surprised analysts on the upside and brought closer the prospect of a widely-discussed tapering of the Federal Reserve's quantitative easing programme.
A bunch of mixed economic data from Germany was published on Thursday, as situation in the labour market improved, while inflation slowed notably.
A gauge of domestic consumption in Switzerland declined marginally last month, as consumer sentiment worsened and retail sales fell, offsetting an increase in new car registrations, UBS said Wednesday.
The world's third largest economy should implement a planned sales tax hike without any compromises even as a group of economists and experts are not univocal on their decision.
During the speech in Nottingham at an event hosted by the UK's leading industry and business associations, the Bank of England Governor Mark Carney reassured market participants that borrowing costs will not be increased any time soon.
Signed contracts to purchase existing home in the United States faltered last month, as homebuyers are facing higher interest rates and rising property prices.
Confidence among German consumers unexpectedly eased heading to September, albeit still remaining close to the highest level in almost six years, as shoppers are getting more cautious about creeping inflation.
Swiss manufacturers continue suffering this year, as sales of machinery and electrical products recorded a sharp fall, due to sluggish demand from the neighbouring Eurozone and slowing down Asian economies, an industry lobby group reported on Tuesday.
Land prices in almost two-thirds of Japanese major urban areas soared in the second quarter, boosted by rising real estate investment appetite and stronger demand for residential properties, as investors are getting more confident about Japan's economic outlook.
Britain's key service sector expanded at its fastest pace since before the financial crash of 2008, a new quarterly report showed.
A bunch of upbeat economic data from the world's largest economy was published on Tuesday, supporting the case of September's tapering. Consumer morale rose more than expected in August, amid expectations of a strong growth figures and hopes the economy will continue gaining steam.
The business climate in Europe's powerhouse, Germany, rose more than expected this month, underlying improving growth prospects for the struggling 17-nation economy.
New Zealand posted its biggest trade deficit in 10 months in July, due to a jump in costs of import, while exports dropped, Statistics New Zealand showed in a monthly report.