Based on the last 12 Ifo Business Climate events in Germany, we expect a $471684 movement on CC within 48 hours following the event release at 2023-07-25 08:00. We expect CC to trend upwards 48 hours following the event release at 2023-07-25 08:00 if the released value is < 88 Historical events that allowed us to draw this conclusion
26 Jun 08:00 |
24 May 08:00 |
22 Feb 09:00 |
26 Sep 08:00 |
25 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
