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We expect a $28,439.6 movement on PL within the next 12 hours.

Based on the last 12 Ifo Business Climate events in Germany, we expect a $28,439.6 movement on PL within the next 12 hours. We expect PL to trend upwards for 12 hours because the released value is > 93.2

Historical events that allowed us to draw this conclusion

22 Feb 09:00
24 Nov 09:00
25 Aug 08:00
27 Jul 08:00
25 May 08:00

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

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