Based on the last 12 Balance of Trade events in Germany, we expect 6C to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > €21.5B
Historical events that allowed us to draw this conclusion
09 Mar 07:00 |
09 Nov 07:00 |
08 May 06:00 |
09 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
