Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect a 265 pip movement on KC within 2 hours following the event release at 31 Jul 05:30 UTC. We expect KC to trend upwards 2 hours following the event release at 31 Jul 05:30 UTC if the released value is = -15.3%
Historical events that allowed us to draw this conclusion
|30 Apr 05:30|
|31 Oct 06:30|
|28 Jul 05:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).