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We expect a 0 pip movement on 6A for the next 48 hours.

Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a 0 pip movement on 6A for the next 48 hours. We expect 6A to trend downwards for 48 hours because the released value is > 0

Historical events that allowed us to draw this conclusion

31 Mar 23:50
30 Sep 23:50
13 Dec 23:50

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

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We expect a 57 pip movement on ZB within 12 hours following the event release.

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We expect a 14,150 pip movement on YM for the next 4 hours.

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