Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, ZC could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 12 hours because the released value is > 0.0%.
Historical events that allowed us to draw this conclusion
30 Oct 10:00 |
30 Jul 09:00 |
30 Apr 09:00 |
31 Jul 09:00 |
31 Jan 10:00 |
29 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
