The Bank of England decided to keep its monetary policy highly accommodative amid soft data pointing the UK's economy has been cooling less than initially projected in the fourth quarter, as policy makers put more emphasis on risks stemming from low inflation as well as weak global economic outlook.
The number of people seeking unemployment benefits fell last week, reinforcing the view the labour market continued to improve.
Christmas did not come early this year, as the European Central Bank refrained from any bold measures or hints, keeping its interest rates at all-time low of 0.05%.
Australia's economy expanded markedly less than expected in the third quarter as commodity prices plunged and mining investment waned, increasing prospects the RBA will cut interest rates next year.
In line with market's expectations, the Bank of Canada kept its overnight rate target at 1%, highlighting downside risks to Canada's inflation outlook from plunging oil prices and temporary benefits from weaker Canadian Dollar.
Britain's services sector, the engine of the UK economy as it accounts for 78% of the nation's GDP, expanded at a faster than expected pace in November, alleviating concerns of slowing economic recovery in the UK.
US private sector created 208,000 jobs in November, against market expectations, but remained firmly above the 200,000 threshold for the sixth straight month.
A bunch of uneven economic data came out on Wednesday, as Euro zone retail sales rose in October, business activity in the region's services sector fell, while Greece rejected Troika's demand to raise taxes and cut incomes in the 2015 budget.
The Reserve Bank of Australia kept its interest rates unchanged at ultra-low level in an attempt to support the economy, which is hit by strong local currency and plunging export prices.
Yellow metal's price steadied around the key $1,200 level, due to a rise in oil prices.
Growth continued to ease in the British construction sector, with the corresponding reading of activity coming in at the weakest level in more than a year and clouding the country's economic outlook.
The Fed officials become more and more confident in the US economy that takes them closer to enter a critical phase in its seven-year combat with the financial crisis by lifting interest rates.
Spain continued to surprise markets and analysts, by posting positive fundamentals. Following Monday's better than expected manufacturing PMI data, the Ministry of Employment and Social Security reported on Tuesday that joblessness in the country dropped in November.
Activity in China's manufacturing sector slowed again, adding to recent signs an economic slowdown is deepening.
Japan's manufacturing sector continued to expand, albeit at a slower pace, pointing to a modest recovery after the nation's economy unexpectedly fell into recession.
Activity growth in the British manufacturing sector accelerated in November to the fastest pace in four months, as domestic demand offset subdued exports due to falling orders form the Euro zone as well as emerging markets.
The US manufacturing sector growth slowed in November to its lowest rate since January, while indicators of new orders and output also declined to their lowest levels since the beginning of the year.
Factory output of the Euro zone's top economies: Germany, France and Italy, remained in the red territory in November, while activity in Spain's manufacturing sector continued to increase.
Business confidence in New Zealand improved for the second straight month, with confidence rising in the agriculture, manufacturing and services sectors, ANZ Bank's business outlook survey showed.
Robust export growth, strong business investment and consumer spending boosted the Canadian economy by an annualized 2.8% in the third quarter, following an upwardly revised growth of 3.6% in the previous three-month period, Statistics Canada said.
Britain's house price inflation cooled to the lowest level in 11 months in November, as the property market continues to lose steam, the UK's second largest mortgage lender Nationwide reported.
Gold plunged the most in three weeks after Swiss voters overwhelmingly rejected a referendum forcing the Swiss National Bank to hold 20% of its reserves in gold and preventing from ever selling any, as well as requiring to physically repatriate all Swiss gold held abroad.
The threat of deflation intensifies, as the Euro zone's inflation rate declined to 0.3% in November, down from 0.4% a month earlier.
While some European experts believe that there is no need of extra stimulus in the Eurozone, others urge the ECB to act in the beginning of 2015.