Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 247 pip movement on BZ within 48 hours following the event release at 16 Feb 10:00 UTC. We expect BZ to trend upwards 48 hours following the event release at 16 Feb 10:00 UTC if the released value is < 59.6 Historical events that allowed us to draw this conclusion
10 Nov 10:00 |
13 Oct 09:00 |
14 Jul 09:00 |
18 Feb 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
