Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 1,650 pip movement on KW within 48 hours following the event release at 15 Sep 09:00 UTC. We expect KW to trend upwards 48 hours following the event release at 15 Sep 09:00 UTC if the released value is > 69.8
Historical events that allowed us to draw this conclusion
11 Aug 09:00 |
19 May 09:00 |
21 Jan 10:00 |
10 Dec 10:00 |
15 Oct 09:00 |
17 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
