Based on the last 12 Unemployment Rate events in Japan, we expect NIY to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 2.5%
Historical events that allowed us to draw this conclusion
28 Jul 23:30 |
30 Jun 23:30 |
03 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).