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We may be expecting a $314.922 movement on CL within 48 hours following the event release at 29 Jun 05:00.

Based on the last 12 Consumer Confidence events in Japan, a $314.922 movement could occur on CL within 48 hours following the event release at 29 Jun 05:00. We expect CL to trend upwards 48 hours following the event release at 29 Jun 05:00 if the released value is > 33

Historical events that allowed us to draw this conclusion

02 May 05:00
29 Oct 05:00
01 Oct 05:00
30 Jun 05:00

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

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