Based on the last 12 Balance of Trade events in Japan, we expect ES to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > ¥-77.6B
Historical events that allowed us to draw this conclusion
17 Mar 23:50 |
18 Feb 23:50 |
17 Dec 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
