Based on the last 12 Inflation Rate YoY events in Japan, we expect a $1596 movement on PL within 2 hours following the event release at 2023-12-21 23:30. We expect PL to trend upwards 2 hours following the event release at 2023-12-21 23:30 if the released value is > 2.6%
Historical events that allowed us to draw this conclusion
23 Nov 23:30 |
17 Aug 23:30 |
18 May 23:30 |
23 Feb 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).