Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $22,453,200 movement on NIY within the next 48 hours. We expect NIY to trend downwards for the next 48 hours because the released value is > 56.4
Historical events that allowed us to draw this conclusion
23 Oct 07:30 |
23 Sep 07:30 |
23 Jun 07:30 |
24 Mar 08:30 |
21 Feb 08:30 |
24 Jan 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
