Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $0 movement on 6E within 48 hours following the event release at 14 Jun 09:00. We expect 6E to trend upwards 48 hours following the event release at 14 Jun 09:00 if the released value is < 37.4% Historical events that allowed us to draw this conclusion
14 Apr 09:00 |
12 Nov 10:00 |
12 Aug 09:00 |
14 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).