Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect ZB to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < 44.5 Historical events that allowed us to draw this conclusion
16 Dec 08:30 |
24 Oct 07:30 |
24 Jul 07:30 |
23 May 07:30 |
18 Apr 07:30 |
22 Mar 08:30 |
21 Feb 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
