Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $289.377 movement on OJ within 12 hours following the event release at 08 Dec 10:00. We expect OJ to trend upwards 12 hours following the event release at 08 Dec 10:00 if the released value is > 45.5
Historical events that allowed us to draw this conclusion
15 Sep 09:00 |
11 Aug 09:00 |
16 Jun 09:00 |
19 May 09:00 |
21 Apr 09:00 |
21 Jan 10:00 |
10 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
