Based on the last 12 Inflation Rate YoY Prel events in Italy, we expect EMD to trend upwards later today. Based on these past events there is a 87.5% chance of this. We expect EMD to trend upwards 12 hours following the event release at 2024-04-30 09:00 if the released value is < 1%. A price movement of 2359 pips is expected. Historical events that allowed us to draw this conclusion
01 Mar 10:00 |
01 Feb 10:00 |
05 Jan 10:00 |
30 Nov 10:00 |
31 Oct 10:00 |
31 Jul 09:00 |
28 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
