Based on the last 12 Industrial Production YoY events in Euro Area, we expect TN to trend upwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > -2%
Historical events that allowed us to draw this conclusion
12 Mar 10:00 |
12 Dec 10:00 |
13 Nov 10:00 |
13 Jun 09:00 |
14 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
