Based on the last 12 Ifo Business Climate events in Germany, KW could experience an downwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 48 hours because the released value is > 88.9.
Historical events that allowed us to draw this conclusion
25 Oct 08:00 |
25 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
