Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect LE to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > 50
Historical events that allowed us to draw this conclusion
17 Jun 09:00 |
13 May 09:00 |
18 Mar 10:00 |
18 Feb 10:00 |
17 Dec 10:00 |
15 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
