Economic calendar · All
GDP: what it is and how to trade it
The total value of goods and services produced: the broadest measure of growth.
What it measures
The total value of goods and services produced: the broadest measure of growth.
How traders handle it
The advance (first) estimate moves markets most; later revisions usually matter less.
Price reacts to the surprise: the actual number minus the forecast. A great number that everyone expected can move nothing at all.
Reading it on the calendar
Each event shows an impact level, the previous figure, the forecast and, once released, the actual. Compare actual with forecast, and watch for revisions to the previous figure.
Frequently asked questions
When is GDP released?
Quarterly, with advance, second and final estimates.
Which pairs move most on GDP?
The country's majors and crosses.
How should beginners trade it?
Most beginners should be flat or protected before the release, then wait 15–30 minutes and trade a clean break of the release candle's range. Read Trading the News.
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Trading the News
How to survive (and sometimes profit from) big releases.