Based on the last 12 Ifo Business Climate events in Germany, we expect PL to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > 90
Historical events that allowed us to draw this conclusion
24 Nov 09:00 |
25 Aug 08:00 |
27 Jul 08:00 |
25 May 08:00 |
24 Feb 09:00 |
18 Dec 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
