Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $853781 movement on ES within 12 hours following the event release at 2023-07-11 09:00. We expect ES to trend downwards 12 hours following the event release at 2023-07-11 09:00 if the released value is < -10.5 Historical events that allowed us to draw this conclusion
16 May 09:00 |
18 Apr 09:00 |
13 Sep 09:00 |
12 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
