Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 0 pip movement on BP within 4 hours following the event release at 30 Mar 12:00 UTC. We expect BP to trend downwards 4 hours following the event release at 30 Mar 12:00 UTC if the released value is = 6.3%
Historical events that allowed us to draw this conclusion
01 Mar 13:00 |
30 Aug 12:00 |
30 Mar 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
