Federal Reserve officials want to tie an interest-rate rise to U.S. economic progress, but the minutes of their last policy meeting show they are struggling with how to come to grips with the dual threats of a stronger dollar and a global slowdown.
Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.
U.S. employers likely stepped up hiring in September and the jobless rate probably held at a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015.
After a weak July the U.S. consumer spending and personal income picked up pace in August while inflation remained flat, the Commerce Department reported Monday.
The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.
Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again.
Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed on Tuesday.
The Bank of Japan bought one-year government bills at negative yields in market operations on Friday, traders said, setting a new milestone as it pushes its aggressive asset purchase scheme.
Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.
U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.
Indian Prime Minister Narendra Modi has scored high on overall performance during his first three months in office, but many are disappointed with his new administration's efforts to bring down inflation, an opinion poll showed.
U.S. consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve will not raise interest rates anytime soon.
European Central Bank President Mario Draghi was quoted by German news magazine Spiegel in an interview that there is no need to hurry to reduce the Euro Zone's main interest rate further.
The People's Bank of China had undertaken a program of lowering money supply to avoid further inflation, but this may lead to lack of financial support
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
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