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We expect a 0 pip movement on BP within 48 hours following the event release.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 0 pip movement on BP within 48 hours following the event release at 10 Aug 09:00 UTC. We expect BP to trend downwards 48 hours following the event release at 10 Aug 09:00 UTC if the released value is < 56.7 Historical events that allowed us to draw this conclusion

06 Jul 09:00
08 Jun 09:00
10 Nov 10:00
13 Oct 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 a $0 movement on 6C within 2 hours following the event release at 10 Aug 09:00.

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A final push expected on GER30 as it starts approaching a price line of 15711.0000.

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