Based on the last 12 Inflation Rate YoY Prel events in Italy, we could see a 107 pip movement on ES for the next 48 hours. ES could trend upwards for 48 hours because the released value is = 1.7%
Historical events that allowed us to draw this conclusion
29 Nov 10:00 |
31 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
