Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 10812 pip movement on ES within 4 hours following the event release at 2023-08-15 09:00. We expect ES to trend upwards 4 hours following the event release at 2023-08-15 09:00 if the released value is > -14.7
Historical events that allowed us to draw this conclusion
13 Jun 09:00 |
17 Jan 10:00 |
13 Dec 10:00 |
15 Nov 10:00 |
18 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
