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We expect a $222 movement on ZN within 48 hours following the event release at 2025-05-02 12:30.

Based on the last 12 Non Farm Payrolls events in United States, we expect ZN to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect ZN to trend downwards 48 hours following the event release at 2025-05-02 12:30 if the released value is > 130K. A price movement of 127 pips is expected.

Historical events that allowed us to draw this conclusion

04 Apr 12:30
10 Jan 13:30
06 Dec 13:30
04 Oct 12:30
07 Jun 12:30

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

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