Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a $3,258,937.5 movement on NKD within 4 hours following the event release at 15 May 08:00. We expect NKD to trend downwards 4 hours following the event release at 15 May 08:00 if the released value is = -2.2%
Historical events that allowed us to draw this conclusion
14 Aug 06:00 |
15 May 06:00 |
14 Aug 06:00 |
14 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
