GDP
Gross Domestic Product- Is the total output of an economy which includes goods and services.
What are the 5 factors of Fundamental Analysis
路聽聽聽聽聽聽聽Growth-66%of all GDP comes from retail buying
路聽聽聽聽聽聽聽Inflation- Consumers spending in the economy. Increased prices of goods.
路聽聽聽聽聽聽聽Unemployment/employment- Are employers hiring?
路聽聽聽聽聽聽聽Commodity Prices-OPEC can influence commodity prices such as oil
路聽聽聽聽聽聽聽Political Unrest- White house and administration applying tariffs
It鈥檚 unusual to see low growth in the economy and the Fed to continue raising rates. The economy is a vehicle and consumer spending on goods is a major part. Many factors affect the currencies and it is important to be on top of the major catalysts. We have seen a few economies GDP slowly start to falter in 2019. Check out the recent blog where we talk about Australia's correlation with China to get a better understanding!
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