We expect a $23513800 movement on NIY within 48 hours following the release of Industrial Production YoY at 2022-10-12 09:00. We expect NIY to trend upwards 48 hours following the event release at 2022-10-12 09:00 if the released value is > 1.2%. A price movement of 89000 pips is expected.
Historical events that allowed us to draw this conclusion
12 Aug 09:00 |
13 Jul 09:00 |
13 May 09:00 |
14 Dec 10:00 |
12 Nov 10:00 |
13 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
