Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect a $36.895 movement on CL within 12 hours following the event release at 30 Oct 10:00. We expect CL to trend downwards 12 hours following the event release at 30 Oct 10:00 if the released value is = 9.4%
Historical events that allowed us to draw this conclusion
31 Jul 09:00 |
31 Jan 10:00 |
02 May 09:00 |
30 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
