Based on the last 12 Balance of Trade events in Japan, NIY could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 48 hours because the released value is > ¥-425B.
Historical events that allowed us to draw this conclusion
17 May 23:50 |
19 Apr 23:50 |
15 Mar 23:50 |
18 Jan 23:50 |
19 Oct 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
