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We expect a 427 pip movement on KC within 12 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect a 427 pip movement on KC within 12 hours following the event release at 2023-04-28 09:00. We expect KC to trend downwards 12 hours following the event release at 2023-04-28 09:00 if the released value is < 0.2% Historical events that allowed us to draw this conclusion

29 Apr 09:00
31 Jul 09:00

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

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