Based on the last 12 Ifo Business Climate events in Germany, we expect a $21.892 movement on SI within 48 hours following the event release at 27 Jul 08:00. We expect SI to trend downwards 48 hours following the event release at 27 Jul 08:00 if the released value is > 89.3
Historical events that allowed us to draw this conclusion
24 Jun 08:00 |
25 May 08:00 |
24 Feb 09:00 |
25 Oct 08:00 |
24 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
