Based on the last 12 Business Confidence events in Euro Area, we expect a $0 movement on RA within 2 hours following the event release at 29 Apr 09:00. We expect RA to trend upwards 2 hours following the event release at 29 Apr 09:00 if the released value is < -1.24 Historical events that allowed us to draw this conclusion
30 Mar 09:00 |
08 Jan 10:00 |
28 Nov 10:00 |
27 Sep 09:00 |
30 Jul 09:00 |
27 Jun 09:00 |
28 May 09:00 |
29 Apr 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
