Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $110.83 movement on CL within 12 hours following the event release at 12 May 09:00. We expect CL to trend upwards 12 hours following the event release at 12 May 09:00 if the released value is < 11.6% Historical events that allowed us to draw this conclusion
14 Apr 09:00 |
12 Aug 09:00 |
14 Jul 09:00 |
13 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
