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US First Quarter GDP

US First Quarter GDP

Gross domestic product (GDP) is expected to have risen at a 2% annualised rate, primarily driven by what will likely be the strongest quarter for personal spending in nearly two years. That said, Thursday’s report will obscure the evolution of activity in the first quarter.

While the year started with a bang, partly reflecting unseasonably warm weather, household spending lost steam as the quarter progressed.

The GDP report is significant in that it will also offer data-watchers a sneak peek into Friday’s key monthly inflation and spending figures for March.  

Thursday 27th April High Impact Events

The times below are GMT+3

  • 15.30 – US – Advanced GDP q/q, Unemployment Claims

Potential instruments to Trade: USD Crosses. 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 33.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.

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