Based on the last 12 Business Confidence events in Euro Area, we expect a $0 movement on BP within the next 48 hours. We expect BP to trend downwards for the next 48 hours because the released value is < 0.11 Historical events that allowed us to draw this conclusion
30 Jul 09:00 |
27 Jun 09:00 |
28 May 09:00 |
28 Mar 10:00 |
30 Jan 10:00 |
08 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).