Fundamental Analysis:
Gross Domestic Product (GDP)
Definition
Gross Domestic Product (GDP) reflects the rate of Gross Personal Income of a country. GDP measures the currency value of related country on goods and services produced domestically without giving further notice on how those goods and services being produced from whoever assets (belongs to government/join) or by who.
Function of Gross Domestic Product(GDP) in Learning Forex Trading System
It is the most comprehensive measurement, and become the reference of a country’s economical performance. A healthy GDP is between 2.0%- 2.5 % (with an unemployment rate between 5.5% - 6.0%).
A too high GDP rate will lead to inflation. While a too low GDP reflects the weakening of economy in a country.
Source : Bureau of Economics Analysis, US. Department of Commerce.
Time of Publish : Every 4 months, the third or fourth week of the first month, 08.30 AM ET
Revision : On the second or third month.
Revision’s Impact : Average
Bookmark/share this article with others:Gross Domestic Product (GDP) reflects the rate of Gross Personal Income of a country. GDP measures the currency value of related country on goods and services produced domestically without giving further notice on how those goods and services being produced from whoever assets (belongs to government/join) or by who.
Function of Gross Domestic Product(GDP) in Learning Forex Trading System
It is the most comprehensive measurement, and become the reference of a country’s economical performance. A healthy GDP is between 2.0%- 2.5 % (with an unemployment rate between 5.5% - 6.0%).
A too high GDP rate will lead to inflation. While a too low GDP reflects the weakening of economy in a country.
Source : Bureau of Economics Analysis, US. Department of Commerce.
Time of Publish : Every 4 months, the third or fourth week of the first month, 08.30 AM ET
Revision : On the second or third month.
Revision’s Impact : Average
