Based on the last 12 Balance of Trade events in Germany, we expect YM to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > €15B
Historical events that allowed us to draw this conclusion
03 Aug 06:00 |
05 Jun 06:00 |
04 May 06:00 |
02 Feb 07:00 |
05 Jan 07:00 |
02 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
