Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $0 movement on FF within 4 hours following the event release at 24 Mar 08:30. We expect FF to trend upwards 4 hours following the event release at 24 Mar 08:30 if the released value is > 39.6
Historical events that allowed us to draw this conclusion
21 Feb 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |
22 Aug 07:30 |
21 Jun 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
