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We could see a 32,600 pip movement on NQ within 4 hours following this event release.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we may see a 32,600 pip movement on NQ within 4 hours following the event release at 30 May 12:00 UTC. NQ may trend upwards 4 hours following the event release at 30 May 12:00 UTC if the released value is > 7.6%

Historical events that allowed us to draw this conclusion

31 Jan 13:00
06 Jan 13:00
29 Nov 13:00
28 Oct 12:00
29 Jul 12:00
31 May 12:00

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

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