Trump Says He Thinks GDP Numbers Will Be ‘Terrific’
Gold Ready For Crash ????
US Pres Trump Says He Will Be Happy With A US GDP Figure With A “4” In Front Of It Speaking Tonight Trump Says Some Pundits Forecast 5.3pct But He’s Not So Sure Q2 GDP Is Released Friday At 1230 GMT And Consensus Forecast Is 4.2pct
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health.
Usual Effect: Actual > Forecast = Good for currency
Frequency: Released monthly. There are 3 versions of GDP released a month apart – Advance, second release and Final. Both the advance the second release are tagged as preliminary in the economic calendar.