Based on the last 12 Balance of Trade events in United Kingdom, we expect a $2345850 movement on NIY within 4 hours following the event release at 2023-01-13 07:00. We expect NIY to trend upwards 4 hours following the event release at 2023-01-13 07:00 if the released value is > £-1.9B
Historical events that allowed us to draw this conclusion
12 Dec 07:00 |
12 Oct 06:00 |
12 Sep 06:00 |
11 Apr 06:00 |
11 Feb 07:00 |
14 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
