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We expect NQ to trend upwards today with a 90% chance.

Based on the last 12 Unemployment Rate events in Germany, we expect NQ to trend upwards later today. Based on these past events there is a 90% chance of this. This may happen if the released value is = 5.2%

Historical events that allowed us to draw this conclusion

28 Feb 08:55
30 Jan 08:55
29 Nov 08:55
30 Oct 08:55
30 Sep 07:55
29 Aug 07:55
31 Jul 07:55
01 Jul 07:55
30 Apr 07:55

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

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