Personal income growth in the States slowed sharply last month, but only on account of comparison with the previous month, when the Biden administration's mammoth $1. 9trn American Rescue Plan Act kicked into effect.
New home sales surprised to the downside in April, in part as demand driven by the Covid-19 pandemic waned.
House price gains in the US accelerated further at the start of the year, fresh government data revealed.
Far from slowing, economic activity in the US expanded at a record pace in May, according to the results of two closely-followed surveys.
The market spotlight at the end of the week will be on a raft of closely-followed Purchasing Managers Indices from across the UK, euro area and US.
Manufacturing activity in the US mid-Atlantic region cooled more quickly than anticipated in May as supply bottlenecks continued to worsen, the results of a closely-followed survey revealed.
Financial stability risks in the euro area remain "elevated" even as it exits the pandemic and are now most concentrated in those sectors and countries hit hardest by Covid-19, the European Central Bank said.
US homebuilders broke ground on far fewer new homes than expected last month.
The Eurozone's foreign trade surplus in goods with the rest of the world narrowed significantly in March, amid a jump in imports.
America's economy has not yet made the substantial further progress required to start talking about the central bank 'tapering' its bond purchases, one of the Federal Reserve's highest-ranking officials said.
Manufacturing sector activity in the jurisdiction of the Federal Reserve Bank of New York's slipped a bit last month, the results of a closely-followed survey revealed.
UK employers are struggling to hire staff due to a sharp fall in the number of available EU workers as Covid and Brexit fuel a worker exodus.
Higher inflation is taking its toll on Americans' confidence in the economy, the results of a closely-followed survey revealed.
April's consumer price index rose 4. 2% year-on-year, according to the Labor Department, ahead of estimates for a print of 3. 6% and the fastest pace of increase since September 2008.
China's money supply growth slowed quickly last month as economic authorities tightened monetary and fiscal policy.
The debate around whether the US central bank's policies were too 'accommodative' or not and the cost-benefit trade off attached to them was continued on Tuesday.
Job vacancies in the US were at their highest level in two decades in March, exceeding the pace of hiring by 2. 0m, the most on record.
Both small and large US businesses moved to increase wages and benefits as part of an effort to attract workers amid rising demand for their goods and services, according to the National Federation of Independent Business' small-business optimism index advancing 1. 6 points in April to a pandemic-era high of 99. 8.
The National Institute of Economic and Social Research has upped its growth forecasts for the UK, the influential think-tank confirmed on Monday.
Analysts at Citi believe the results of the Scottish elections during the previous week's will see some of the more acute near-term risks ease.