Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a 38 pip movement on ZR within 48 hours following the event release at 02 Feb 09:00 UTC. We expect ZR to trend upwards 48 hours following the event release at 02 Feb 09:00 UTC if the released value is > -2.2%
Historical events that allowed us to draw this conclusion
30 Oct 09:00 |
31 Jul 08:00 |
30 Apr 10:00 |
31 Oct 11:00 |
30 Apr 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
