Based on the last 12 Balance of Trade events in Japan, we expect a $199.801 movement on ZB within the next 48 hours. We expect ZB to trend upwards for 48 hours because the released value is > ¥202.3B
Historical events that allowed us to draw this conclusion
19 May 23:50 |
18 Apr 23:50 |
16 Feb 23:50 |
17 Nov 23:50 |
18 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
