Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 0 pip movement on NE within 48 hours following the event release at 29 Sep 12:00 UTC. We expect NE to trend downwards 48 hours following the event release at 29 Sep 12:00 UTC if the released value is > -0.1%
Historical events that allowed us to draw this conclusion
29 Apr 12:00 |
03 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
