GDP (MoM)

Gross domestic product (GDP) is the total value of finished goods and services produced within a country in a certain time period. GDP is a complex indicator that characterizes the general state of the economy and the dynamics of its development. First of all, the GDP indicator is used to compare levels of economic development in different countries. Depending on the calculation procedure, there are the following types of the indicator: the nominal GDP (takes into account prices for goods and services in the current observation period); real GDP (prices for goods and services are fixed, excluding the inflation effect on GDP); GDP per capita. The GDP dynamics assess the current state of the economy, its prospects, and the need for stimulation or deceleration by financial regulators. As the overall indicator of economic development, GDP is the key indicator used by the government authorities, corporations, and private investors in the strategic decision-making and forecasting.

Elena Berseneva 28 June 2022 600
Elena Berseneva 28 June 2022 Fundamental analysis 600

Does the Trading Signal Work Based on the Forecast Value?

Fundamental analysis
In this article, we will talk about the economic calendar and determine what is better to rely on when making a decision to open deals: forecasts or previous values of indicators.
Elena Berseneva 28 June 2022 692
Elena Berseneva 28 June 2022 Fundamental analysis 692

How Does the Market React to Revised Values in the Calendar?

Fundamental analysis
Today we will study the reaction of the foreign exchange market to the publication of revised values of economic indicators. And let's see if it's worth relying on them when making a decision to enter the market.
Elena Berseneva 25 June 2022 568
Elena Berseneva 25 June 2022 Fundamental analysis 568

Is Trading on Rollbacks Effective? Part 8. Canada

Fundamental analysis
Previous studies of rollback trading have revealed the usefulness of this strategy for a number of economic events in seven countries. Let's see if trading on rollbacks is suitable for Canada events.