SAO PAULO— The Brazilian government says gross domestic product contracted for the second consecutive quarter, sending the economy of Latin America's biggest country into a technical recession. The government statistics bureau IBGE said Friday that Brazil's economy shrank 1.9 percent in the second quarter compared with the previous three months.» Read More
Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.
Jan Hatzius, Goldman Sachs chief economist, comments on the jobs report , when he expects tapering and discusses his healthy economic outlook for 2014.
CNBC's Rick Santelli and Steve Liesman break down the latest data on third quarter GDP and jobs.
Ian Henderson, CEO of Shawbrook, says big banks need to "pull up their socks" and lend more to small and medium businesses.
Gerard Reid, partner at Alexa Capital, says that the U.K. imports an increasing amount of gas which is pushing up energy prices.
Bruce Kasman, JPMorgan Chase chief economist, explains why he expects to see a "solid" number in this morning's ADP employment report and shares his outlook on the economy next year.
Peter Dixon, senior economist at Commerzbank, explains that the latest services PMI highlights that U.K. growth will slow and that there is still a"¿long way to go" before the unemployment target is reached.
Philip Shaw, chief economist at Investec, tells CNBC that while the U.K. recovery is becoming broader-based, it's "no time for being complacent."
Philippe Gudin, head of euro area economics at Barclays, says he is "surprised" at the timing of the Standard & Poor's (S&P) downgrade of the Netherlands, as he expects a rebound in growth next year.
Moritz Kraemer, chief sovereign ratings officer at Standard and Poor's (S&P), explains that the Netherlands was downgraded because of its growth potential, but that it has a stable ratings outlook due to its policy commitment.
Rahul Bajoria, regional economist at Barclays, discusses the Indian economy and says that growth will remain slow for a "fairly long period", despite certain sectors having already hit the bottom.
Alberto Gallo, head of European macro credit research markets at RBS, says the European Central Bank will announce positive growth and inflation forecasts.
Jeff Ng, economist at Standard Chartered, expects the Philippines' fourth quarter GDP to be minimally impacted by the typhoon and says 2014 reconstruction could be accretive to the country's growth.
Bob McKee, chief economist at Independent Strategy, casts doubts on the sustainability of the U.K.'s recovery, as the housing market remains "lumpy."
Robert Wood, chief U.K. economist at Berenberg Bank, reacts to the U.K. GDP figure and says that while it is the start of a long-lasting recovery, it is also fragile as it is driven by domestic consumption.
Luciano Jannelli, chief economist at MIG Bank, says the strengthening of the German economy is being driven by exports, as domestic demand remains weak.
Chris Williamson, global chief economist at Markit, comments on the latest French PMI release and says that it's running at a level "consistent with a contraction" in GDP.
The Kudlow Report's Larry Kudlow sees 3 percent GDP ahead. Steven Ricchiuto, Mizuho Securities, and Joe Lavorgna, Deutsche Bank, weigh in on the wave of economic indicators.
Discussing current U.S. economic growth trends, and where GDP may be in 2014, with Jeffrey Saut, Raymond James, and David Woo, BofA Merrill Lynch.
U.S. wholesale inventories rose in line with expectations, emphasizing that strong economic growth in the third quarter came from restocking shelves.