Based on the last 12 Balance of Trade events in Germany, we expect ZB to trend downwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is > €17.5B
Historical events that allowed us to draw this conclusion
08 Nov 07:00 |
10 Oct 06:00 |
09 Sep 06:00 |
08 Jul 06:00 |
07 Jun 06:00 |
08 Apr 06:00 |
09 Jan 07:00 |
10 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
