Based on the last 12 Ifo Business Climate events in Germany, we expect a $7724 movement on S within 4 hours following the event release at 2023-06-26 08:00. We expect S to trend downwards 4 hours following the event release at 2023-06-26 08:00 if the released value is < 90.7 Historical events that allowed us to draw this conclusion
24 May 08:00 |
24 Apr 08:00 |
22 Feb 09:00 |
26 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
