Forex Dictionary

German Prelim GDP

German Prelim GDP

Measures Change in the value of all goods and services produced by the economy; Usual Effect Actual > Forecast = Good for currency; Frequency Released quarterly, about 45 days after the quarter ends; FF Notes There are two versions of GDP released about 10 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; Why Traders Care It's the broadest measure of economic activity and the primary gauge of the economy's health; Also Called First Release GDP, Preliminary GDP; Acronyms Gross Domestic Product (GDP);