Based on the last 12 Balance of Trade events in Japan, we expect HG to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > ¥-1694.9B
Historical events that allowed us to draw this conclusion
17 Dec 23:50 |
17 Sep 23:50 |
18 Jun 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
