We expect a $0.128 movement on RB within 48 hours following the event release at 28 Jan 06:30.

Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect a $0.128 movement on RB within 48 hours following the event release at 28 Jan 06:30. We expect RB to trend upwards 48 hours following the event release at 28 Jan 06:30 if the released value is > 0.5%

Historical events that allowed us to draw this conclusion

29 Oct 05:30

30 Apr 05:30

29 Jan 06:30

30 Oct 06:30

31 Jul 05:30

30 Jan 06:30

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