Based on the last 12 Inflation Rate YoY Prel events in Italy, we expect ES to trend upwards later today. Based on these past events there is a 70% chance of this. We expect ES to trend upwards 2 hours following the event release at 2024-10-31 10:00 if the released value is < 1%. A price movement of 51 pips is expected. Historical events that allowed us to draw this conclusion
30 Aug 09:00 |
28 Jun 09:00 |
30 Apr 09:00 |
29 Mar 10:00 |
01 Feb 10:00 |
30 Nov 10:00 |
31 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
