We expect a $134142 movement on ES within 4 hours following the event release at 2025-08-07 06:00.

We expect a $134142 movement on ES within 4 hours following the release of Balance of Trade at 2025-08-07 06:00. We expect ES to trend upwards 4 hours following the event release at 2025-08-07 06:00 if the released value is < €17.3B. A price movement of 84 pips is expected. Historical events that allowed us to draw this conclusion

06 Jun 06:00

07 Apr 06:00

13 Dec 07:00

07 Nov 07:00

07 Aug 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).