Based on the last 12 Balance of Trade events in Japan, we expect a $4,697,750 movement on NIY within the next 4 hours. We expect NIY to trend downwards for 4 hours because the released value is > ¥-355.9B
Historical events that allowed us to draw this conclusion
17 Jul 23:50 |
17 Mar 23:50 |
17 Oct 23:50 |
18 Sep 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
