Based on the last 12 Balance of Trade events in United Kingdom, we expect a $2,869.35 movement on SM within 48 hours following the event release at 10 Oct 08:30. We expect SM to trend upwards 48 hours following the event release at 10 Oct 08:30 if the released value is > £-3.8B
Historical events that allowed us to draw this conclusion
09 Sep 08:30 |
09 Aug 08:30 |
10 Jul 08:30 |
10 Jun 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
