We expect a $247 movement on HE within 12 hours following the release of PPI MoM at 2024-12-12 13:30. We expect HE to trend upwards 12 hours following the event release at 2024-12-12 13:30 if the released value is > 0.2%. A price movement of 11750 pips is expected.
Historical events that allowed us to draw this conclusion
12 Jul 12:30 |
14 May 12:30 |
14 Mar 12:30 |
16 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).