Based on the last 12 Consumer Confidence events in Japan, we expect CC to trend upwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend upwards 48 hours following the event release at 2025-01-08 05:00 if the released value is > 36.6. A price movement of 310 pips is expected.
Historical events that allowed us to draw this conclusion
01 Mar 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
