Based on the last 12 Balance of Trade events in Japan, we expect a $3,281,162.5 movement on NKD within 12 hours following the event release at 15 Dec 23:50. We expect NKD to trend downwards 12 hours following the event release at 15 Dec 23:50 if the released value is < ¥529.8B Historical events that allowed us to draw this conclusion
19 Jul 23:50 |
20 May 23:50 |
19 Apr 23:50 |
22 Jan 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
