[macro outlook] pay attention to the initial value of the actual annualized quarterly rate of GDP in the United States in the second quarter.

Published: Jul 30, 2020 06:44 (GMT+8)

SMM7 March 30: today we focus on the initial value of the actual annualized quarterly rate of GDP in the United States in the second quarter.

In terms of data,

The unemployment rate in Germany after the quarterly adjustment in July, which is one of the most important economic indicators, is deeply affected by the supply and demand of the labor market and the economic cycle. The level of the unemployment rate also reflects the operation of the economy. Although seen as a lagging indicator, unemployment is an important indicator of overall economic health, as consumer spending is highly correlated with job market conditions.

The initial GDP quarterly rate after Germany's quarterly adjustment in the second quarter is one of the most important indicators of a country's economy. Central banks use these data to formulate monetary policy, which in turn affects the trend of short-term exchange rates.

The final value of the euro zone consumer confidence index in July, released by Eurostat, can reflect its views on the outlook for the economy and personal income. Through changes in the economic climate index, it can reflect the expectations of consumers and business owners for the future economy and consumption, which is a leading indicator and plays a predictive role in the future economic direction.

The initial annual rate of CPI in Germany in July is a measure of the price of a fixed basket of consumer goods, which mainly reflects the changes in the prices of goods and services paid by consumers. It is also a tool to measure the level of inflation, expressed in the form of percentage changes.

The number of people applying for unemployment benefits in the week ending July 25 in the United States, the number of people applying for unemployment benefits for the first time is one of the indicators reflecting the state of the domestic labor market, counting the number of people who apply for unemployment benefits for the first time.

The initial annual quarterly rate of the core PCE price index in the United States in the second quarter, PCE corresponds to "personal consumption expenditure" in Chinese; the core PCE price index is a key indicator of private consumption inflation in the United States, which was first launched by the Bureau of Economic Analysis of the U.S. Department of Commerce, and was adopted as a major indicator of inflation by the Federal Open Market Committee ((FOMC)), the decision-making body of the Federal Reserve in 2002.

At the beginning of the real GDP annualized rate in the second quarter of the United States, a country's GDP grew sharply, reflecting the country's booming economy, increased national income and increased spending power. In this case, the country's central bank is likely to raise interest rates and tighten the money supply.

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