Based on the last 12 Balance of Trade events in Germany, we expect a $117.268 movement on CL within 4 hours following the event release at 04 Apr 06:00. We expect CL to trend downwards 4 hours following the event release at 04 Apr 06:00 if the released value is < €7.1B Historical events that allowed us to draw this conclusion
09 Feb 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
09 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
