Gross Domestic Product (GDP) measures the total amount of economic activity in an economy over a specified period usually quarterly and adjusted for inflation.

The percentage change in GDP from one period to the next is seen as the primary growth of an economy. In most countries GDP is reported on a quarterly basis and is essentially a big picture check on overall economic growth.

The forex market’s economic outlook will be heavily influenced by what the GDP reports indicate. Better than expected growth could trigger the need for higher interest rates, whilst slower growth would indicate potential monetary easing.

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