Month: March 2021

GNP

The Gross National Product (GNP) is the sum of value produced by the total productive activity of a country in a given time. This concept of the GNP is very useful in economic forecasting, since it tells you what the state of the economy is at any given moment. The more accurate you can get

Australian Dollar at Risk to Head Down Under in the Week Ahead

The Australian Dollar is in a tailspin and there are multiple reasons for this. One of the most prominent is the slowing economy in China. That means fewer goods and services for Australian dollar traders and that means more people borrowing in the United States to pay for those goods and services. That means the