Markets Today :

  • EUR/USD1.0795 (+0.1243%)
  • EUR/JPY120.1840 (+0.4455%)
  • GBP/USD1.2467 (-0.3963%)
  • AUD/USD0.7622 (-0.0249%)
  • USD/CAD1.3377 (+0.1910%)
  • USD/CHF0.9909 (-0.2165%)
  • USD/CNY6.8802 (-0.0581%)
  • NZD/USD0.7025 (-0.0512%)

A recession is a significant decline in activity across the economy, lasting longer than two consecutive quarters. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP).

Alexander Jakins
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