Based on past Germany Markit Manufacturing PMI Flash news events there is a 66.67% chance of ZB trending upwards. We expect this to happen because the released value is > 44.5. A price movement of 57 pips is expected.
Historical events that allowed us to draw this conclusion
22 Nov 08:30 |
22 Aug 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
