Eurozone inflation accelerated more than expected to a three-year high in September on energy prices, flash estimate from Eurostat showed Friday. Inflation rose to 3.8 percent in September, marking the highest since September 2023, from 3.2 percent in August. The rate was forecast to climb to 3.7 percent.

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

The euro area manufacturing activity strengthened in September as production and new orders grew at their sharpest rates since early 2022, final survey results from S&P Global showed Thursday. The final manufacturing Purchasing Managers' Index rose to 52.9 in September from 52.7 in the previous month.

UK house prices dropped unexpectedly in September as geopolitical tensions and rising energy prices add fears of interest rate hikes, data from the Nationwide Building Society revealed Thursday. House prices fell 0.2 percent on a monthly basis in September, offsetting a 0.2 percent rise in August. Prices were forecast to remain flat.

Germany's consumer price inflation accelerated for a third month in September to reach its highest level in nearly three years on the back of a surge in energy prices, yet the European Central Bank is likely to seek more evidence to establish second-round effects of the fuel price shock on the real economy before raising interest rates again.

A report released by MNI Indicators on Wednesday showed a substantial rebound by its reading on Chicago-area business activity in the month of September. MNI Indicators said its Chicago business barometer spiked to 58.8 in September from 47.1 in August, with a reading above 50 indicating growth. Economists had expected the index to jump to 51.0.

The Commerce Department released a closely watched report on Wednesday showing consumer prices in the U.S. rose by slightly less than expected in the month of August. The Commerce Department said its personal consumption expenditures (PCE) price index increased by 0.3 percent in August following a revised 0.1 percent uptick in July.

Private sector employment in the U.S. jumped by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment shot up by 90,000 jobs in September after rising by a downwardly revised 36,000 jobs in August. Economists had expected private sector employment to increase by 70,000 jobs.

Australia's consumer price inflation accelerated in August on higher housing and transport costs, the Australian Bureau of Statistics said Wednesday. Consumer price inflation rose to 4.0 percent from 3.5 percent in July. Inflation continues to remain above the central bank target range of 2-3 percent.

China's manufacturing and services sectors expanded at faster rates in September as robust new orders underpinned employment, survey results from S&P Global showed Wednesday. The RatingDog China general manufacturing Purchasing Managers' Index rose to 52.1 in September from 51.5 in August. The score was seen at 51.7. The index has remained above the 50.0 no-change mark.

Industrial output in South Korea slipped a seasonally adjusted 4.8 percent on month in August, Statistics Korea said on Wednesday.

A report released by the Conference Board on Tuesday unexpectedly showed a notable deterioration in U.S. consumer confidence in the month of September. The Conference Board said its consumer confidence index slumped to 81.9 in September from a downwardly revised 88.6 in August.

Eurozone economic confidence weakened unexpectedly in September due to the fall in consumer sentiment, monthly survey data from the European Commission showed Tuesday. The economic sentiment index dropped to 97.9 in September from 98.4 in the previous month. The score was forecast to rise to 99.0.

UK mortgage approvals declined to a 32-month low in August amid higher borrowing costs, while consumer credit reached a record high, data from the Bank of England showed Tuesday. Net mortgage approvals for house purchases, an indicator of future borrowing, fell unexpectedly to 54,918 in August from 55,928 in the previous month.

The U.S. dollar strengthened against most major currencies in the European session on Tuesday, as traders anticipate that the Federal Reserve (Fed) will raise interest rates twice more this year.

The Reserve Bank of Australia raised its benchmark rate by a quarter-point on Tuesday, taking it to a 15-year high level, as risks to inflation materialized amid geopolitical tensions. The policy board, governed by Michele Bullock, unanimously decided to raise the cash rate target to 4.60 percent, the highest level since late 2011. The decision came in line with expectations.

The U.S. Dollar extended gains during the week ended September 25 as strong economic data from the U.S. and the spike in global crude oil prices renewed Fed rate hike fears and triggered a selloff in U.S. bond markets.

The Japanese yen strengthened against other major currencies in the European session on Monday, as traders expect that the Bank of Japan or the BoJ is likely to raise its interest rates soon in the next month's policy meeting.

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of September. The University of Michigan said its consumer sentiment index for September was upwardly revised to 48.1 from a preliminary reading of 47.8.

A report released by the Commerce Department on Friday showed new orders for U.S. manufactured durable goods unexpectedly came in nearly flat in the month of August. The Commerce Department said durable goods orders were virtually unchanged in August following a downwardly revised 0.9 percent increase in July.

The Canadian dollar weakened against other major currencies in the Asian session on Friday, as the crude oil prices retreated from recent highs following reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days.

German consumer confidence is set to fall in October as rising energy prices dragged down income expectations, monthly survey results of the NIM Consumer Climate powered by GfK showed Friday. The forward-looking consumer sentiment index fell more-than-expected to -30.6 in October from -26.8 in September. The score was seen at -27.1.

The Commerce Department released a report on Thursday showing a significant rebound in new home sales in the U.S. in the month of August. The report said new home sales surged by 6.4 percent to an annual rate of 684,000 in August after plunging by 4.3 percent to an upwardly revised rate of 643,000 in July.