Based on the last 12 Consumer Confidence events in Japan, we expect a $0.061 movement on RB within 12 hours following the event release at 01 Jul 05:00. We expect RB to trend downwards 12 hours following the event release at 01 Jul 05:00 if the released value is < 30 Historical events that allowed us to draw this conclusion
29 May 05:00 |
30 Apr 05:00 |
03 Mar 05:00 |
02 Oct 05:00 |
01 Jul 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).