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We expect ZN to trend downwards for the next 12 hours.

We expect ZN to trend downwards for the next 12 hours. Based on these past Switzerland KOF Leading Indicators news events there is a 66.67% chance of this. We expect this to happen because the released value is > 94.5. A price movement of 6 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 07:00
29 Mar 08:00

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

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We expect a $40 movement on NZDUSD within 2 hours following the event release at 30 Aug 07:00.

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