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We expect a $191.34 movement on TN within 48 hours following the event release at 18 Mar 23:30.

Based on the last 12 Inflation Rate YoY events in Japan, we expect a $191.34 movement on TN within 48 hours following the event release at 18 Mar 23:30. We expect TN to trend upwards 48 hours following the event release at 18 Mar 23:30 if the released value is < 0.8% Historical events that allowed us to draw this conclusion

21 Nov 23:30
19 Sep 23:30
21 Mar 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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