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We expect a $0 movement on 6C within 2 hours following the event release at 10 Aug 09:00.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $0 movement on 6C within 2 hours following the event release at 10 Aug 09:00. We expect 6C to trend upwards 2 hours following the event release at 10 Aug 09:00 if the released value is > 56.7

Historical events that allowed us to draw this conclusion

16 Mar 10:00
16 Feb 10:00
19 Jan 10:00
15 Sep 09:00
11 Aug 09:00

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

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