Based on the last 12 Ifo Business Climate events in Germany, a $21,775,875 movement could occur on NIY within 48 hours following the event release at 24 Jun 08:00. We expect NIY to trend downwards 48 hours following the event release at 24 Jun 08:00 if the released value is > 92.9
Historical events that allowed us to draw this conclusion
23 May 08:00 |
22 Feb 09:00 |
25 Jan 09:00 |
25 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
