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We expect NIY to trend downwards with a 66.67% chance.

Based on the last 12 Inflation Rate YoY events in Japan, we could see NIY trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is = 2.8%

Historical events that allowed us to draw this conclusion

18 Apr 23:30
18 Jan 23:30

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

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