00:00GDP or Gross Domestic Product measures how the economy is growing and tomorrow we find
00:08out by how much.
00:10This graph shows the annual rate because the quarterly figures would be too hard to see.
00:15The quarter to March our economy grew just 0.2%.
00:19Most estimates for the June quarter are between 0.4% and 0.5%.
00:24What it will tell us is how we're navigating interest rates, inflation, a tight labour
00:29market and a push to make us all more productive.
00:34The US stock market was closed for a holiday and global markets were mixed.
00:39The price of iron ore now getting comfortable above US$102 a tonne, boosting our miners and
00:46the Treasury.
00:48Our dollar slipped against the US greenback.
00:50The biggest story is how the US has been devalued as the tariff turmoil has pushed investors
00:55away from it.
00:57Locally, we're at the end of reporting season when companies listed on the stock exchange
01:02reveal their revenue, profit and what they think the future looks like.
01:06You might be wondering how companies can announce a multi-billion dollar profit and see their
01:11share price hammered.
01:12It's all about expectations.
01:15If the figures meet or beat what analysts have predicted, they get a tick.
01:19And if they miss, they get a kick.
01:21And things have been a lot more stable.
01:25And that's finance.
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