Based on the last 12 Ifo Business Climate events in Germany, we expect a $6.9 movement on SB within 12 hours following the event release at 18 Dec 09:00. We expect SB to trend upwards 12 hours following the event release at 18 Dec 09:00 if the released value is < 90 Historical events that allowed us to draw this conclusion
26 Oct 09:00 |
24 Sep 08:00 |
25 Mar 09:00 |
27 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
