Based on the last 12 Balance of Trade events in Japan, we could see SM trend downwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is > ¥-513.6B
Historical events that allowed us to draw this conclusion
17 Jun 23:50 |
16 Apr 23:50 |
22 Jan 23:50 |
17 Dec 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
