Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $0 movement on 6E within 4 hours following the event release at 16 Dec 08:30. We expect 6E to trend downwards 4 hours following the event release at 16 Dec 08:30 if the released value is > 44.5
Historical events that allowed us to draw this conclusion
22 Nov 08:30 |
22 Aug 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
