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We expect a $0 movement on NE within the next 48 hours.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $0 movement on NE within the next 48 hours. We expect NE to trend downwards for the next 48 hours because the released value is > 11.2%

Historical events that allowed us to draw this conclusion

31 Jul 08:00
30 Apr 10:00
31 Jul 10:00
30 Apr 10:00
14 Nov 09:00

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

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We expect NIY to trend downwards for the next 2 hours.

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Important price line being approached by GER30. This price has been tested numerous times before.

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