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We expect a 35750 pip movement on NKD within 12 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a 35750 pip movement on NKD within 12 hours following the event release at 2023-04-28 08:00. We expect NKD to trend upwards 12 hours following the event release at 2023-04-28 08:00 if the released value is > 0.2%

Historical events that allowed us to draw this conclusion

31 Jan 10:00
31 Oct 09:00
29 Jul 08:00
31 Jan 10:00
29 Oct 08:00
30 Jul 08:00
02 Feb 09:00
30 Oct 09:00
31 Jul 08:00

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

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