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We expect CC to trend upwards today with a 66.67% chance.

Based on the last 12 Ifo Business Climate events in Germany, we expect CC to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 94.2

Historical events that allowed us to draw this conclusion

25 Jan 09:00
24 Jun 08:00
25 May 08:00
22 Feb 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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