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We expect a $110.83 movement on CL within 12 hours following the event release at 12 May 09:00.

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”).

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We expect a $0.059 movement on NG within 4 hours following the release of Industrial Production YoY.

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We expect a 0 pip movement on 6J within 48 hours following the event release.

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