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We expect ZW to trend downwards today with a 83.33% chance.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect ZW to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > -2%

Historical events that allowed us to draw this conclusion

12 Mar 10:00
12 Dec 10:00
13 Nov 10:00
13 Jun 09:00
14 May 09:00

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

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We expect ES to trend downwards for the next 2 hours.

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