We expect a $17,871.25 movement on ES within 2 hours following the release of Ifo Business Climate at 25 May 08:00. We expect ES to trend downwards 2 hours following the event release at 25 May 08:00 if the released value is < 98.2. A price movement of 425 pips is expected. Historical events that allowed us to draw this conclusion
26 Apr 08:00 |
26 Oct 09:00 |
24 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
