Based on the last 12 Ifo Business Climate events in Germany, we expect a $51046 movement on KW within 48 hours following the event release at 2022-08-25 08:00. We expect KW to trend downwards 48 hours following the event release at 2022-08-25 08:00 if the released value is > 86.8
Historical events that allowed us to draw this conclusion
23 May 08:00 |
25 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
