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We expect a $133.92 movement on ZN within the next 48 hours.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $133.92 movement on ZN within the next 48 hours. We expect ZN to trend upwards for 48 hours because the released value is > 69.8

Historical events that allowed us to draw this conclusion

16 Jun 09:00
19 May 09:00
21 Jan 10:00
10 Dec 10:00
12 Nov 10:00
17 Sep 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 1,650 pip movement on KW within 48 hours following the event release.

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