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We expect SI to trend upwards today with a 83.33% chance.

We expect SI to trend upwards later today. Based on these past Japan Tankan Large Manufacturers Index news events there is a 83.33% chance of this. We expect this to happen if the released value is > 19. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 23:50
31 Mar 23:50
13 Dec 23:50
31 Mar 23:50
30 Sep 23:50

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

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