GDP

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.

Jim Rogers has dismissed fears of a hard landing in China, saying slowing growth is simply proof the authorities are managing the economy as they intended.

US

Goldman Sachs has predicted the London Olympic Games will boost the nation's economic output by as much as 0.4 percentage points in Q3.

EUROPE

Katherine Garrett-Cox, CEO and CIO of the £2.5bn Alliance Trust, has argued global growth will remain stagnant next year, as the US faces the strong prospect of slipping back into recession.

ASIA

GROWTH MARKETS

PIMCO's Bill Gross has said US debt to GDP could accelerate towards 800% over the next five years if all actual liabilities are taken into account.

The UK economy shrank by 0.3% in the first quarter, the final official reading has confirmed.