Producer prices in Europe's powerhouse, Germany, stayed flat on monthly basis, and accelerated on annual basis in June, reflecting some stabilization in the economy.
Market reaction to the threat of the Federal Reserve tapering its stimulus programme later this year has been exaggerated, as the EUR/USD currency pair advanced just 0.74% over the week, while U.S. major indices posted a gain between 0.1%-0.3% soon after Bernanke's speech.
Swiss foreign trade surplus rose more than expected in June, as a fall in imports outpaced drop in exports, the latest report from the Federal Customs Administration showed.
Canada wholesale sales, which is a leading indicator of consumer spending, soared unexpectedly in May, expanding at the fastest pace in more than two years, supported by sales of fertilizer and food, data from Statistics Canada showed.
Sales at British retailers advanced for a second month in a row, helped by discounts at department stores, which drove demand for clothes and electrical products higher.
A bunch of better-then-expected data from the U.S. was released on Thursday, raising speculations of a possible QE tapering later this year.
The 17-nation bloc's current account surplus narrowed more than initially expected in May, as both exports and import fell, stirring further concerns surrounding the Eurozone and suggesting the strike of negative growth will be prolonged, figures from the European Central Bank showed Thursday.
Confidence among Swiss investors improved slightly this month, decreasing concerns the economy may struggle to gain the momentum due to the recession in the neighbouring Eurozone, the ZEW Center for European Economic Research said Wednesday.
As it was widely expected the Bank of Japan Monetary Policy Meeting Minutes, which make reference to the meeting held on June 11, came with no surprise for the market participants.
Britain's labour market fuelled hopes the recovery is on hold, as the number of jobless claims fell at their fastest pace in three years, while the unemployment fell as well, official figures showed Wednesday.
The Federal Reserve Chairman Ben S. Bernanke during his Testimony pointed out that the U.S. central bank anticipates beginning tapering its monthly bond purchases later this year, however, assured that policy will remain accommodative and policymakers will respond to any signs of economic weakness.
The European Commission, European Central Bank and International Monetary Fund, also known as Troika, is no longer needed and should be abolished, EU Justice Commissioner Viviane Reding said Wednesday.
Sales of Canada factory's products surged in May, supported by gains in chemicals and metals, while inventories dropped from a record high, government figures showed Tuesday.
Consumer price pressure in New Zealand increased less than analysts expected last quarter, due to a drop in import prices, adding to signs that a period of record-low borrowing costs will be prolonged for at least the rest of this year.
Britain's consumer prices inched higher last month, reaching 14-month high, boosted by an increase in airfares and food costs, which offset a gain in fuel prices.
The cost of living in the world's largest economy rose last month, at the fastest pace in four month, while confidence among American homebuilder jumped to the highest level since January 2006.
The broadly anticipated indicator of economic mood in Europe's largest economy disappointed market participants on Wednesday, stirring further concerns surrounding the Eurozone, which is struggling to grow.
Producer and imports prices in Switzerland rose less than expected in June from a month earlier, reflecting that manufacturers are more worried about future economic performance of the country, and raising concerns over weak growth in the second quarter.
The world's third largest economy appears to have developed a fondness for its Prime Minister Shinzo Abe, as more people supporting his recovery plan and is feeling confident about the economic outlook.
Britain's home sellers increased asking prices for a seventh consecutive month in July, pushing them to a record high, cementing expectations the housing market is experiencing strong recovery.
The U.S. shoppers spent less than expected last month, holding off on spending at restaurants and stores, as increased gas prices weighed on their pockets, the Commerce Department said Monday.
Greece government agreed with its Eurozone and International Monetary Fund backers to sell two nation's banks- Postbank and Proton Bank by July 15, as a part of the deal to secure more funds from the 240-billion euro rescue package, which keeps Greece afloat.
A positive data from Australian housing market was published on Friday, a sign that record-low borrowing costs are working to stimulate the property market.
A slump in Britain's construction sector has ended, positively influencing weak output figures for the country.