Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $0 movement on 6E within 4 hours following the event release at 20 Nov 15:00. We expect 6E to trend downwards 4 hours following the event release at 20 Nov 15:00 if the released value is < -17.7 Historical events that allowed us to draw this conclusion
22 Oct 14:00 |
22 Apr 14:00 |
23 Jan 15:00 |
20 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).