Based on the last 12 Ifo Business Climate events in Germany, we expect a $0 movement on RU within 4 hours following the event release at 24 Sep 08:00. We expect RU to trend downwards 4 hours following the event release at 24 Sep 08:00 if the released value is < 94.4 Historical events that allowed us to draw this conclusion
26 Aug 08:00 |
25 Jan 09:00 |
18 Dec 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
