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We expect NE to trend upwards today with a 66.67% chance.

Based on the last 12 KOF Leading Indicators events in Switzerland, NE could trend upwards later today. Based on these past events there is a 66.67% chance of this. If the released value is < 99.4 we could see NE trend upwards 12 hours following the event release at 29 Apr 07:00. Historical events that allowed us to draw this conclusion

30 Mar 07:00
28 Feb 08:00
30 Nov 08:00
30 Aug 07:00

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

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We may be expecting a $1,116.16 movement on KC within 48 hours following the event release at 29 Apr 05:30.

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