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The European Central Bank has room to cut interest rates further and it will also consider charging banks to deposit their cash, but such a move was unlikely in the near term, European Central Bank Executive Board Member Jorg Asmussen said on Tuesday.

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Food prices in New Zealand were down 1.0 percent in October compared to the previous month, Statistics New Zealand said on Wednesday - following the flat reading in September.

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Australia's private sector wage price index was up a seasonally adjusted 0.5 percent in the third quarter of 2013, the Australian Bureau of Statistics said on Wednesday.

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Core machine orders in Japan contracted a seasonally adjusted 2.1 percent on month in September, the Cabinet Office said on Wednesday - coming in at 802.1 billion yen. The headline figure missed forecasts for a decline of 1.8 percent following the 5.4 percent increase in August. On a yearly basis, core machine orders climbed 11.5 percent - also shy of expectations for an increase of 12.5 percent following the 10.3 percent jump in the previous month.

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The Eurozone economy moved to near-stagnation in the third quarter, underscoring the fragile nature of recovery in the region as Germany and France failed to maintain the growth momentum. Further, the relapse in economic activity will possibly make the task of the European Central Bank difficult to take inflation back to the target level.

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With the value of imports rising and the value of exports falling, the Commerce Department released a report on Thursday showing that the U.S. trade deficit widened by much more than expected in the month of September. The report said the trade deficit widened to $41.8 billion in September from a revised $38.7 billion in August. Economists had expected the deficit to widen to $39.1 billion.

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Homebuilder confidence in the U.S. held steady in the month of November, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index came in at 54 in November, unchanged from the downwardly revised reading for October.

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Existing home sales in the U.S. fell for the second consecutive month in October, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales fell 3.2 percent to an annual rate of 5.12 million units in October after sliding 1.9 percent to an annual rate of 5.29 million units in September.

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Growth in Philadelphia-area manufacturing activity has slowed by much more than anticipated in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, with the index of activity in the sector falling to a six-month low.

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Pending home sales in the U.S. unexpectedly saw a modest decrease in the month of October, according to a report released by the National Association of Realtors on Monday, with pending sales falling for the fifth consecutive month.

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