Be very careful of upcoming volatility because of United States Housing Starts news event later today. Based on the last 12 Housing Starts events in United States, we expect a $96.112 movement on ZB within 4 hours following the event release at 18 Sep 12:30. We expect this to happen if the released value is < 1.25M. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion
16 Aug 12:30 |
26 Feb 13:30 |
17 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
