Based on past Italy Inflation Rate YoY Prel news events there is a 75% chance of ZC trending downwards. We expect this to happen because the released value is = 1.7%. A price movement of 12450 pips is expected.
Historical events that allowed us to draw this conclusion
30 Apr 09:00 |
28 Feb 10:00 |
31 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
