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NIY may be ready to trend downwards today with a 80% chance.

Based on the last 12 Industrial Production YoY events in Euro Area, NIY may trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < -1% Historical events that allowed us to draw this conclusion

12 Jan 10:00
12 Aug 09:00
14 Jul 09:00
12 May 09:00

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

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