Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect TN to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 60.8
Historical events that allowed us to draw this conclusion
19 Feb 08:30 |
16 Dec 08:30 |
23 Nov 08:30 |
21 Aug 07:30 |
24 Jul 07:30 |
24 Mar 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
