Based on the last 12 ZEW Economic Sentiment Index events in Germany, we could see a 64 pip movement on MW for the next 12 hours. MW could trend downwards for 12 hours because the released value is < 15.3 Historical events that allowed us to draw this conclusion
12 Nov 10:00 |
17 Sep 09:00 |
16 Jul 09:00 |
18 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
