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We expect HG to trend downwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect HG to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 5.1%

Historical events that allowed us to draw this conclusion

30 Aug 12:00
30 Mar 12:00
06 Jan 13:00

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

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