We expect a $7,861,575 movement on NKD within 12 hours following the release of GDP Growth Rate QoQ Adv at 02 Feb 09:00. We expect NKD to trend upwards 12 hours following the event release at 02 Feb 09:00 if the released value is < -2.2%. A price movement of 27,750 pips is expected. Historical events that allowed us to draw this conclusion
31 Jan 10:00 |
30 Oct 09:00 |
14 Feb 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
