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We expect a $2.606 movement on DC within the next 48 hours.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $2.606 movement on DC within the next 48 hours. We expect DC to trend upwards for 48 hours because the released value is > -14.2

Historical events that allowed us to draw this conclusion

20 Feb 15:00
21 Nov 15:00
20 Sep 14:00
21 May 14:00

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

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