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Core machine orders in Japan climbed a seasonally adjusted 14.2 percent on mo nth in March, the Cabinet Office said on Friday.

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Output producer prices for New Zealand gained 0.8 percent in the first quarter of 2013 compared to the previous three months, Statistics New Zealand said on Friday.

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European Union's banking regulator recommended asset quality reviews on major EU banks, which will delay the next stress test until 2014.

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Decline in Singapore's non-oil exports eased in April amid an improvement in overseas demand for the country's non-electronic products, a report from International Enterprise (IE) Singapore showed Friday. On a year-on-year basis, non-oil domestic exports fell 1 percent in April following a 4.8 percent fall in the previous month. The rate of decrease was weaker than the 1.9 percent drop expected.

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Bank of England policymaker Martin Weale said the bank's capacity to add stimulus is limited by the risk to inflation expectations.

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Led by building permits and the interest rate spread, leading economic indicators in the U.S. rose by more than anticipated in the month of April, according to a report released by the Conference Board on Friday. The Conference Board said its leading economic index rose by 0.6 percent in April following a revised 0.2 percent decrease in March.

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Consumer sentiment in the U.S. has seen a substantial improvement in the month of May, according to a report released by Thomson Reuters and the University of Michigan on Friday, with the consumer sentiment index rising to its highest level in nearly six years.

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Japan is scheduled to release a batch of data on Monday, highlighting a modest day for Asia-Pacific economic activity. On tap are final March figures for the leading and coincident indexes, plus April numbers for machine tool orders, convenience store sales, department store sales and Tokyo condominium sales. In addition, the Cabinet Office will release its monthly economic report for May.

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Thailand lowered its full-year growth outlook after weaker domestic demand and exports weighed on economic activity in the first three months of the year. Gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to an upwardly revised 19.1 percent growth in the fourth quarter of 2012, the National Economic and Social Development Board (NESDB) said Monday.

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The fifth consecutive monthly increase in the U.K. house prices amid limited supply took average asking prices to a record, a survey by Rightmove showed Monday. House prices hit a record GBP 249,841 in May, as new sellers raised their prices by 2.1 percent from the prior month. Prices were up by the same magniture in April.

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