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We expect CRD to trend downwards with a 70% chance.

Based on the last 12 Inflation Rate YoY Prel events in Italy, CRD could experience an downwards trend. Based on these past events there is a 70% chance of this, and the trend could last 48 hours because the released value is < 1%. Historical events that allowed us to draw this conclusion

30 Aug 09:00
30 Apr 09:00
01 Mar 10:00
01 Feb 10:00
05 Jan 10:00
30 Nov 10:00
31 Oct 10:00

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

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