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We expect a $0 movement on BP within the next 48 hours.

Based on the last 12 Business Confidence events in Euro Area, we expect a $0 movement on BP within the next 48 hours. We expect BP to trend downwards for the next 48 hours because the released value is < 0.11 Historical events that allowed us to draw this conclusion

30 Jul 09:00
27 Jun 09:00
28 May 09:00
28 Mar 10:00
30 Jan 10:00
08 Jan 10:00

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

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