We expect a $12905970 movement on NIY within 12 hours following the event release at 2025-08-12 09:00.

We expect a $12905970 movement on NIY within 12 hours following the release of ZEW Economic Sentiment Index at 2025-08-12 09:00. We expect NIY to trend upwards 12 hours following the event release at 2025-08-12 09:00 if the released value is < 40. A price movement of 302 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 09:00

21 Jan 10:00

17 Sep 09:00

13 Aug 09:00

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