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We may be expecting a $4,265,600 movement on NIY within 4 hours following the event release at 14 Jun 09:00.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, a $4,265,600 movement could occur on NIY within 4 hours following the event release at 14 Jun 09:00. We expect NIY to trend upwards 4 hours following the event release at 14 Jun 09:00 if the released value is < -27.5 Historical events that allowed us to draw this conclusion

15 Mar 10:00
15 Feb 10:00
12 Oct 09:00
07 Sep 09:00
06 Jul 09:00

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

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