Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a 309 pip movement on RTY within 12 hours following the event release at 14 Feb 23:50 UTC. We expect RTY to trend upwards 12 hours following the event release at 14 Feb 23:50 UTC if the released value is < 1.4% Historical events that allowed us to draw this conclusion
14 Nov 23:50 |
17 May 23:50 |
16 Feb 23:50 |
13 Feb 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).