Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $2.262 movement on SB within 4 hours following the event release at 19 May 09:00. We expect SB to trend downwards 4 hours following the event release at 19 May 09:00 if the released value is > 32
Historical events that allowed us to draw this conclusion
21 Apr 09:00 |
12 Nov 10:00 |
15 Oct 09:00 |
17 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).