We expect a $303 movement on BO within 48 hours following the event release at 2022-12-13 10:00.

We expect a $303 movement on BO within 48 hours following the release of ZEW Economic Sentiment Index at 2022-12-13 10:00. We expect BO to trend upwards 48 hours following the event release at 2022-12-13 10:00 if the released value is > -26.4. A price movement of 486 pips is expected.

Historical events that allowed us to draw this conclusion

18 Oct 09:00

10 May 09:00

12 Apr 09:00

18 Jan 10:00

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