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We expect a 6600 pip movement on ZC within 48 hours following the event release.

Based on the last 12 Inflation Rate YoY Prel events in France, we expect ZC to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 1.3% Historical events that allowed us to draw this conclusion

29 Aug 06:45
28 Mar 07:45
31 Jan 07:45
07 Jan 07:45
29 Nov 07:45
27 Sep 06:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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