Glossary · Fundamentals & economics
Gross domestic product (GDP)
The total value of goods and services an economy produces. It is the broadest measure of growth.
Related terms
Economic calendar
A schedule of upcoming data releases and central bank events, with…
Purchasing Managers’ Index (PMI)
A monthly survey of business conditions. Readings above 50 signal…
Retail sales
Monthly spending at shops and online. It is a read on consumer demand.
Bond yields
The return on government bonds. Shifts in the gap between two…
Carry trade
Buying a high-interest currency against a low-interest one to earn…
Central bank
The institution that sets a country’s interest rates and monetary…