We expect a $4,604,000 movement on NKD within 48 hours following the release of GDP Growth Rate QoQ Final at 25 Mar 12:30. We expect NKD to trend downwards 48 hours following the event release at 25 Mar 12:30 if the released value is = 4.1%. A price movement of 16,000 pips is expected.
Historical events that allowed us to draw this conclusion
25 Jun 12:30 |
20 Dec 13:30 |
26 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
