Based on the last 12 Inflation Rate YoY Flash events in Euro Area, we expect a $103 movement on CL within 4 hours following the event release at 2024-04-03 09:00. We expect CL to trend upwards 4 hours following the event release at 2024-04-03 09:00 if the released value is < 2.6% Historical events that allowed us to draw this conclusion
05 Jan 10:00 |
30 Nov 10:00 |
29 Sep 09:00 |
01 Jun 09:00 |
31 Mar 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
