We expect a $0.13 movement on NG within the next 2 hours.

We expect a $0.13 movement on NG within the next 2 hours. We expect NG to trend downwards 2 hours following the Ifo Business Climate events in Germany release because the released value is < 93. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion

24 Sep 08:00

25 Mar 09:00

27 Jan 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).