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We expect LE to trend downwards today.

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect LE to trend downwards later today. Based on these past events there is a 75% chance of this. We expect LE to trend downwards 12 hours following the event release at 30 Sep 07:00 if the released value is < 106. A price movement of 242 pips is expected. Historical events that allowed us to draw this conclusion

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

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There is a 66.67% chance of GF trending downwards

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We expect a 78 pip movement on ZR within 48 hours following the event release.

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