Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect NIY to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NIY to trend downwards 4 hours following the event release at 2024-11-28 13:00 if the released value is = 2.3%. A price movement of 317 pips is expected.
Historical events that allowed us to draw this conclusion
29 May 12:00 |
02 Apr 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
