Based on the last 12 Balance of Trade events in Japan, we expect a $0.186 movement on NG within the next 48 hours. We expect NG to trend upwards for the next 48 hours because the released value is < ¥-35.8B Historical events that allowed us to draw this conclusion
20 May 23:50 |
19 Apr 23:50 |
22 Jan 23:50 |
19 Nov 23:50 |
18 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
