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We expect a $7,861,575 movement on NKD within 12 hours following the release of GDP Growth Rate QoQ Adv.

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”).

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