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We expect SP to trend upwards today with a 71.43% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect SP to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 60

Historical events that allowed us to draw this conclusion

19 May 09:00
21 Apr 09:00
21 Jan 10:00
10 Dec 10:00
12 Nov 10:00
15 Oct 09:00
17 Sep 09:00

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

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