Based on the last 12 Balance of Trade events in Japan, we expect a $62.242 movement on ZB within 12 hours following the event release at 17 Sep 23:50. We expect ZB to trend downwards 12 hours following the event release at 17 Sep 23:50 if the released value is > ¥-355.9B
Historical events that allowed us to draw this conclusion
17 Jul 23:50 |
18 Jun 23:50 |
16 Apr 23:50 |
17 Mar 23:50 |
18 Sep 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
