Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 4 pip movement on ZT within 2 hours following the event release at 13 May 09:00 UTC. We expect ZT to trend upwards 2 hours following the event release at 13 May 09:00 UTC if the released value is < -12.4% Historical events that allowed us to draw this conclusion
12 Feb 10:00 |
14 Oct 09:00 |
12 Sep 09:00 |
14 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
