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We expect a $0 movement on 6A within 12 hours following the event release at 16 Aug 23:50.

Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a $0 movement on 6A within 12 hours following the event release at 16 Aug 23:50. We expect 6A to trend downwards 12 hours following the event release at 16 Aug 23:50 if the released value is > -7.6%

Historical events that allowed us to draw this conclusion

08 Aug 23:50
09 Aug 23:50
13 Aug 23:50

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

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