Another gleam of hope for the 17-nation bloc emerged on Tuesday, as Spain's labour market improved in November, as unemployment change posted its first monthly drop in this period since the current system was introduced in 1997.
Activity at Swiss manufacturing sector expanded for an eight consecutive month in November, posting even stronger growth than a month earlier, suggesting a modest recovery is underway, while improvement in the economic sentiment is pointing at a greater confidence.
Confident in reaching the inflation target as planned?
The Pound hit the highest level in 27 months against the U.S. Dollar, advancing to 1.6441 after a survey from Markit showed manufacturing activity expanded at the highest pace since February 2011, suggesting the recovery is maintaining momentum in the final quarter.
It was not a surprise that Bernanke's speech, which was highlighted in all economic calendars as a high importance event, had practically no impact on markets on Monday.
Eurozone factory orders expanded for a fifth month in a row in November, with the corresponding gauge accelerating at the fastest pace for more than two years, a survey from Markit showed Monday.
Canadian policymakers were disappointed with growth figures in the second half of the year, but the stronger-than-expected August GDP data fuelled hopes for a solid growth in the third quarter.
Japanese households are finally facing the prospects of sustained inflationary pressures for the first time in almost a generation, as Shinzo Abe's three-arrow programme is making substantial progress in stamping out deflation in the world's third largest economy. Moreover, other sectors of the economy are also showing signs of stabilization.
The pace of Britain's annual house price growth was the fastest since July 2010 this month; however, the average price still lags 6% below the historic-high in late 2007.
While American retailers lure shoppers with Black Friday deals and analysts are calculating potential benefits for the economy, U.S. stocks are rising, logging record highs day by day.
During the last policy meeting Mario Draghi predicted a long period of weak inflation and sluggish growth, suggesting the Eurozone economy is not on a path to recovery yet, and cut the benchmark interest rate by 25 basis points to a record-low of 0.25%.
Last week seven out of nine major currencies either gained or lost more than 1%, making them highly attractive for traders. Amid main gainers were the single currency, Pound, Swiss Franc and Swedish Krone, advancing 1.22%, 1.15%, 1.12% and 1.70%, respectively. In contrast, Japanese Yen, Aussie and Kiwi lost 1.23%, 1.82% and 1.55%, correspondingly.The most traded currency pair, EUR/USD, has
The Alpine country expanded at a robust pace in the third quarter, on the back of a stronger exports of goods and government spending, the nation's statistical office reported on Thursday.
Japan retail sales rose in October, posting the third consecutive monthly increase; however, the pace of growth was considerably slower than in September, indicating Japanese consumers have been slow to buy into Shinzo Abe's plan to revive growth via his set of stimulus measures, also known as Abenomics.
The Pound advanced to its ten-month high versus the U.S. Dollar, following the highly anticipated press conference of the central bank Governor Mark Carney in London.
Americans, who are working at a low-paid job and receive a minimum wage, can be thankful the 16-day long government shutdown for being on the job this Friday.
The single currency moved higher on Thursday, supported by positive data from Europe's leading economies– Germany and Spain.
Amid signs of a pickup in the Eurozone, the pressure on the Swiss Franc eased, hence manufacturers are feeling more confident and the economy is benefiting.
For months Oz economy has been experiencing a slowdown amid waning investment in the key mining sector.
The Pound soared against the U.S. Dollar on Wednesday after the data from ONS showed the economy expanded as expected in the initial estimate.
Ahead of December's FOMC meeting, where policymakers could start tapering its stimulus programme, all economic indicators are having bigger effect as usual, as they can play a decisive role for the U.S. central bank.
Wednesday was a good day to trade EUR/USD, as on the back of positive statistics data and substantial political progress in Germany, the pair soared to its one-month high, moving above 1.36.
The Australian Dollar advanced more than 0.3% versus it U.S. namesake on Tuesday, hitting 0.92, following a speech by RBA Deputy Governor Philip Lowe, who pointed out companies have to boost efficiency in order to maintain growth in living standards, while engineers freed up from mining sector could be used to build more infrastructure.
The Japanese economy is expanding and benefitting from Abenomics, this is not a question. Moreover, growth is poised to accelerate in the second half of fiscal year 2013, according to minutes from the board's October 31 meeting that were released on Tuesday.