Based on past Italy Inflation Rate YoY Prel news events there is a 75% chance of NIY trending downwards. We expect this to happen because the released value is < 1.7%. A price movement of 270 pips is expected. Historical events that allowed us to draw this conclusion
29 Aug 09:00 |
07 Jan 10:00 |
31 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
