Oil -0.53% in 1h
Oil moved $0.83 in the first hour after GDP (51% of a normal day). The first 5 minutes went up, then it reversed — -0.53% after an hour. From the release to the close: -1.27%.
GDP — Thursday, 30 May 2024
GDP: Oil moved $0.83 in the first hour — 51% of a normal day. Released 08:30 New York. GDP Growth Rate QoQ 2nd Est came in at 1.3 (forecast 1.3, previous 3.4).
| Market | 5 min | 15 min | 1 hour | First-hour range | Swept | To the close |
|---|---|---|---|---|---|---|
| Oil | +0.15% | -0.17% | -0.53% | $0.83 · 51% | – | -1.27% |
| Silver | +0.67% | +0.60% | +1.11% | $0.43 · 44% | – | -0.14% |
| USDJPY | -0.11% | -0.09% | -0.10% | 46.36 pips · 44% | – | -0.01% |
| AUDUSD | +0.17% | +0.21% | +0.20% | 21.5 pips · 41% | – | +0.21% |
| EURUSD | +0.08% | +0.12% | +0.13% | 18 pips · 38% | – | +0.14% |
| GBPUSD | +0.12% | +0.11% | +0.12% | 23 pips · 36% | – | +0.17% |
| Gold | +0.28% | +0.23% | +0.20% | $10.9 · 31% | – | +0.31% |
| Bitcoin | +0.05% | +0.31% | +0.26% | $497.46 · 21% | – | +0.67% |
| Ethereum | +0.08% | +0.28% | +0.50% | $35.39 · 21% | – | -0.38% |
| NAS100 | +0.15% | +0.20% | +0.09% | 41.5 pts · 20% | – | -0.81% |
| S&P 500 | +0.14% | +0.16% | +0.11% | 9 pts · 20% | – | -0.25% |
| US30 | +0.15% | +0.12% | +0.09% | 65 pts · 19% | – | +0.08% |
Changes from the price at the release minute. First-hour range as a share of the market's average full day (20 days). CME futures via Databento; CFD prices differ slightly, the shape is the same.
Silver +1.11% in 1h
Frequently asked questions
How did EURUSD react to GDP on 30 May 2024?
EURUSD moved 18 pips in the first hour after GDP (38% of a normal day). The first 5 minutes went up, and it was +0.13% after an hour. From the release to the close: +0.14%.
How did Gold react to GDP on 30 May 2024?
Gold moved $10.9 in the first hour after GDP (31% of a normal day). The first 5 minutes went up, and it was +0.20% after an hour. From the release to the close: +0.31%.
How did NAS100 react to GDP on 30 May 2024?
NAS100 moved 41.5 pts in the first hour after GDP (20% of a normal day). The first 5 minutes went up, and it was +0.09% after an hour. From the release to the close: -0.81%.
How did US30 react to GDP on 30 May 2024?
US30 moved 65 pts in the first hour after GDP (19% of a normal day). The first 5 minutes went up, and it was +0.09% after an hour. From the release to the close: +0.08%.
Which market moved most on GDP?
Oil: $0.83 in the first hour, 51% of its normal day.
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