Gross Domestic Product (GDP)
What it is
Gross Domestic Product measures the total value of all goods and services produced by an economy over a given period, usually a quarter. It is the broadest single measure of economic activity and health.
Why it moves the market
Strong growth supports higher interest rates and investor confidence, so GDP beats typically lift the currency.
Next release
GBP · Thursday, July 16 · 06:00
FAQ
What is Gross Domestic Product (GDP)?
Gross Domestic Product measures the total value of all goods and services produced by an economy over a given period, usually a quarter. It is the broadest single measure of economic activity and health.
Why does Gross Domestic Product (GDP) move the market?
Strong growth supports higher interest rates and investor confidence, so GDP beats typically lift the currency.
Which currency pairs does Gross Domestic Product (GDP) affect most?
It most affects EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD.