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We expect a $0 movement on 6E within 4 hours following the event release at 20 Nov 15:00.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $0 movement on 6E within 4 hours following the event release at 20 Nov 15:00. We expect 6E to trend downwards 4 hours following the event release at 20 Nov 15:00 if the released value is < -17.7 Historical events that allowed us to draw this conclusion

22 Oct 14:00
22 Apr 14:00
23 Jan 15:00
20 Dec 15:00

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

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