Based on the last 12 Balance of Trade events in Germany, we expect a 0 pip movement on 6A within 12 hours following the event release at 09 Mar 07:00 UTC. We expect 6A to trend downwards 12 hours following the event release at 09 Mar 07:00 UTC if the released value is < €12.4B Historical events that allowed us to draw this conclusion
08 Jan 07:00 |
09 Dec 07:00 |
08 Sep 06:00 |
09 Jul 06:00 |
09 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
