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We expect a $17,468.5 movement on S within the next 4 hours.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $17,468.5 movement on S within the next 4 hours. We expect S to trend upwards for the next 4 hours because the released value is > -14.5

Historical events that allowed us to draw this conclusion

18 Feb 15:00
21 Dec 15:00
21 Aug 14:00
22 Jun 14:00
20 May 14:00
23 Mar 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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