Based on the last 12 Ifo Business Climate events in Germany, we expect a $0 movement on 6A within 12 hours following the event release at 25 Aug 08:00. We expect 6A to trend upwards 12 hours following the event release at 25 Aug 08:00 if the released value is < 92.2 Historical events that allowed us to draw this conclusion
24 Apr 08:00 |
26 Aug 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
