Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $4,774.77 movement on GC within 2 hours following the event release at 15 Sep 09:00. We expect GC to trend downwards 2 hours following the event release at 15 Sep 09:00 if the released value is > 6.3%
Historical events that allowed us to draw this conclusion
14 Jun 09:00 |
13 Jan 10:00 |
14 Dec 10:00 |
14 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
