Gross domestic product is a general indicator of economic activity and a key indicator of the health of the economy. The quarterly dynamics of percent of GDP shows the growth rate of the economy as a whole. The data above the forecast strengthen the AUD, and the data below the forecast affect the national currency negatively. It is projected that the figure for the first quarter of 2019 will grow from 0.2% to 0.4% QoQ and decrease from 2.3% to 1.7% YoY.
Read more here:
Latest posts by liteforex.com (see all)
- API Weekly Crude Oil Stock. US, 22:30 (GMT+2) - January 23, 2020
- Existing Home Sales. United States, 17:00 (GMT+2) - January 22, 2020
- Bank of Canada Interest Rate Decision. Canada, 17:00 (GMT+2) - January 22, 2020