Based on the last 12 Balance of Trade events in Germany, we expect a $379 movement on CL within 48 hours following the event release at 2023-02-02 07:00. We expect CL to trend upwards 48 hours following the event release at 2023-02-02 07:00 if the released value is > €5.1B
Historical events that allowed us to draw this conclusion
05 Jan 07:00 |
02 Nov 07:00 |
04 May 06:00 |
04 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
