Advance GDP q/q - (USD) - 30/07

 

What is it? While this is q/q data, it's reported in an annualized format (quarterly change x4). There are 3 versions of GDP released a month apart – Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact. It's the broadest measure of economic activity and the primary gauge of the economy's health.

When? 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

  

 

 

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