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We expect UB to trend downwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect UB to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 1.2%

Historical events that allowed us to draw this conclusion

06 Jan 13:00
28 May 12:00
30 Mar 12:00

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

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