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We expect a $4,604,000 movement on NKD within 48 hours following the release of GDP Growth Rate QoQ Final.

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”).

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We expect 6C to trend upwards today.

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