Based on the last 12 Balance of Trade events in Germany, we expect a $0 movement on 6M within the next 12 hours. We expect 6M to trend upwards for 12 hours because the released value is > €17B
Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
09 Dec 07:00 |
08 Nov 07:00 |
10 Oct 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
07 Jun 06:00 |
10 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
