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We expect HE to trend downwards today with a 80% chance.

Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect HE to trend downwards later today. Based on these past events there is a 80% chance of this. This will happen if the released value is > 0.2%

Historical events that allowed us to draw this conclusion

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

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We expect a $1.334 movement on GF within 2 hours following the event release at 05 Sep 05:45.

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We expect a $1.125 movement on CL within 4 hours following the release of GDP Growth Rate YoY.

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