Based on the last 12 Balance of Trade events in Japan, we expect a $107 movement on BO within 48 hours following the event release at 2022-12-14 23:50. We expect BO to trend upwards 48 hours following the event release at 2022-12-14 23:50 if the released value is > ¥-1680.3B
Historical events that allowed us to draw this conclusion
19 Oct 23:50 |
18 May 23:50 |
19 Jan 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
