Based on the last 12 Business Confidence events in Euro Area, we expect 6A to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < -2 Historical events that allowed us to draw this conclusion
29 Apr 09:25 |
30 Mar 09:00 |
30 Jan 10:00 |
27 Sep 09:00 |
30 Jul 09:00 |
27 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
