The most widely used measure of economic activity, gross domestic product (GDP), will soon be released for the first quarter by different countries, per Charles Schwab. Key quotes “First quarter GDP in most major countries may decline about 6%, due to business closures for about 15% of the quarter, assuming GDP fell 40% during the shutdown.” “Second quarter GDP reports may benefit from any return of economic activity as well as monetary and fiscal stimulus.” “Because the economic freefall resulting from the shutdowns to contain the spread of COVID-19 straddled the first and second quarters, its possible neither first nor second quarter GDP reports will fully capture the sudden shock to the economy that the markets reacted to in February and March.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Malaysia keeps sovereign ratings unchanged, but outlook is mixed – UOB FX Street 2 years The most widely used measure of economic activity, gross domestic product (GDP), will soon be released for the first quarter by different countries, per Charles Schwab. Key quotes “First quarter GDP in most major countries may decline about 6%, due to business closures for about 15% of the quarter, assuming GDP fell 40% during the shutdown.” “Second quarter GDP reports may benefit from any return of economic activity as well as monetary and fiscal stimulus.” “Because the economic freefall resulting from the shutdowns to contain the spread of COVID-19 straddled the first and second quarters, its possible neither first nor… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
