Based on the last 12 Inflation Rate YoY events in Japan, we expect a $0.86 movement on HG within 48 hours following the event release at 20 Jan 23:30. We expect HG to trend upwards 48 hours following the event release at 20 Jan 23:30 if the released value is < 0.7% Historical events that allowed us to draw this conclusion
23 Sep 23:30 |
19 Aug 23:30 |
20 May 23:30 |
22 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).