Based on past Switzerland GDP Growth Rate QoQ news events there is a 71.43% chance of ES trending upwards. We expect this to happen if the released value is > 2%. A price movement of 4,137 pips is expected.
Historical events that allowed us to draw this conclusion
26 Feb 08:00 |
01 Dec 06:45 |
27 Aug 05:45 |
03 Mar 06:45 |
05 Sep 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
