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We expect a $57,060 movement on CC within 2 hours following the event release at 16 Nov 10:00.

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a $57,060 movement on CC within 2 hours following the event release at 16 Nov 10:00. We expect CC to trend downwards 2 hours following the event release at 16 Nov 10:00 if the released value is = 2.2%

Historical events that allowed us to draw this conclusion

17 Aug 09:00
18 May 09:00
14 Feb 10:00
14 Nov 10:00
15 May 09:00
14 Feb 10:00
14 Nov 10:00

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

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