Based on the last 12 Balance of Trade events in Japan, we expect KW to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > ¥-3871.5B
Historical events that allowed us to draw this conclusion
18 Jan 23:50 |
20 Jul 23:50 |
18 May 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
