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But some analysts say this is a minor bump as the US economy stabilizes following an otherwise robust summer.
The European Central Bank cut three interest rates, likely the last for some time, as calls for a stimulus plan grow.
The extremist group now appears to be trying to capture as much territory as possible in what it says will form an Islamic state.
The pressure is on for the European Central Bank to begin stimulus programs to buoy the eurozone economy.
Meanwhile, Russia and the Ukraine appear to have carried out the exchange of captured soldiers.
The Democratic Republic of Congo reported 13 Ebola-related deaths that have been attributed to a separate strain of the virus.
Obama had previously told Iran's leaders that they should "seize this opportunity" to reach a nuclear deal.
Central Bank data has revealed that loans to the private sector fell by 1.6 per cent in July as compared to the same month in 2013.
The warnings come as Libyan officials say the spread of "terrorist groups" in the country poses a grave risk.
Russia says its captured troops which appeared on Ukraine TV had crossed the border by mistake.
