Based on the last 12 Balance of Trade events in Japan, we expect a $39424 movement on RTY within 48 hours following the event release at 2023-07-19 23:50. We expect RTY to trend downwards 48 hours following the event release at 2023-07-19 23:50 if the released value is > ¥-46.7B
Historical events that allowed us to draw this conclusion
17 May 23:50 |
19 Apr 23:50 |
15 Feb 23:50 |
20 Jul 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
