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We expect NE to trend downwards today with a 66.67% chance.

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect NE to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = -3.8%

Historical events that allowed us to draw this conclusion

14 Feb 10:00
14 Nov 10:00
14 Aug 09:00
15 May 09:00
15 May 09:00

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

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We expect a $3,258,937.5 movement on NKD within 4 hours following the event release at 15 May 08:00.

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We expect NG to trend downwards today with a 80% chance.

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