While countries such as Luxemburg, Switzerland, and Macau may have the greatest GDP per capita, the small size of their economy means traders rarely take notice of the GDP reports from these nations. Instead they focus on the GDP reports from the largest industrialized nations. This makes the US GDP one of the most closely watched, since the US economy has an impact on the entire world economy. The same can be said for the GDP results from the European Union. Traders also keep a close watch on GDP results from the U.K. and Australia. Canada’s GDP results are of most interest to energy markets, although the results can create volatility in the USD/CAD and GBP/CAD. Chinese GDP has also become increasingly important to global markets.