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We expect NQ to trend upwards with a 80% chance.

Based on the last 12 Inflation Rate YoY Flash events in Euro Area, we could see a $1271696 movement on NQ within the next 2 hours. We may see NQ trend upwards for 2 hours because the released value is > 2.1%

Historical events that allowed us to draw this conclusion

03 Mar 10:00
03 Feb 10:00
31 Oct 10:00
31 Jul 09:00

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

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We expect NZDUSD to trend upwards right now.

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We expect a 39 pip movement on USDJPY within 2 hours following the event release.

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