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We expect a 101 pip movement on SI within 48 hours following the event release.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 101 pip movement on SI within 48 hours following the event release at 14 Apr 09:00 UTC. We expect SI to trend upwards 48 hours following the event release at 14 Apr 09:00 UTC if the released value is < -0.9% Historical events that allowed us to draw this conclusion

12 Nov 10:00
12 Aug 09:00
14 Jul 09:00
13 May 09:00

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

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We expect GC to trend upwards today with a 80% chance.

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