We expect NG to trend downwards for the next 12 hours.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NG to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0.3

Historical events that allowed us to draw this conclusion

12 Nov 10:00

17 Sep 09:00

16 Apr 09:00

19 Mar 10:00

22 Jan 10:00

11 Dec 10:00

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