Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect UB to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > 6.2
Historical events that allowed us to draw this conclusion
14 May 09:00 |
16 Apr 09:00 |
19 Mar 10:00 |
13 Feb 10:00 |
16 Jan 10:00 |
12 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
