Saudi Arabia has unveiled spending cuts, subsidy reforms and a call for privatizations to rein in a deficit caused by low oil prices, the FT reports.
Threats to EU's monetary union and Germany's mismanagement of refugees have obscured progress achieved by France, Italy and Spain in stabilizing their economies.
Elga Bartsch, chief European economist at Morgan Stanley, says there are three political risks to growth in the euro zone in 2016.
Sean Callow, senior currency strategist at Westpac, says based on past Fed hikes, the dollar isn't likely to take off immediately but the outlook is brighter for Q1 as strong data are printed.
There were some positives in the revised GDP, such as strong consumer spending and hints of increased business investment, notes Luke Tilley, chief economist at Wilmington Trust.
John Ryding, RDQ Economics, provides insight to the Fed's path going forward and the likelihood of interest rate hikes.
Mike Baele, senior portfolio manager at U.S. Bank Private Client Reserve, discusses the predicaments that the market is facing, and his bullishness on U.S. consumer spending.
Now that the Fed has initiated its process of policy adjustment, market timers are out in force with dire warnings.
Japan remains busy with key economic indicators to be released on Christmas Day, while U.K. Q3 GDP and U.S. final GDP are also due this week.
If history is any guide, the price of oil can still go down before it recovers, says Robert McNally.
Mathias Cormann, Australia's finance minister, discusses the outlook for the economy after the budget deficit forecast was revised higher.
Li Wei, China economist at CBA, tells why he is not positive on China's November data and predicts growth will continue to slide.
Long-time Fed critic Ron Paul has a stern message for FOMC Chair Janet Yellen: Raise rates or crash the market.
Jeremy Lawson, chief economist at Standard Life Investments, says additional catalysts for structural reform in Japan are needed.
Takuji Okubo, principal and chief economist at Japan Macro Advisors, discusses the outlook for business investment in Japan.
Further BOJ easing will be a big investment theme next year despite Japan escaping recession, says Kay Van-Petersen, global macro strategist at Saxo Capital Markets.
Investors are worried that weaker trade data is indicative of a bigger unraveling of China's economy, says Paul Gambles, co-founder of MBMG Group.
Revised Japanese government data showed gross domestic product rose at a 1% annualized rate, up from a preliminary reading of a 0.8% contraction.
The warning signs of the next correction have clearly manifested, Michael Pento says. Here are 10 that investors should heed.
Daryl Liew, head of portfolio management at REYL Singapore, discusses Japan's economic fundamentals including GDP data and the labor force.