Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a 0 pip movement on 6C for the next 12 hours. We expect 6C to trend downwards for 12 hours because the released value is < 44.0 Historical events that allowed us to draw this conclusion
24 Jul 07:30 |
23 May 07:30 |
18 Apr 07:30 |
22 Mar 08:30 |
21 Feb 08:30 |
23 Nov 08:30 |
21 Sep 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
