Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect a 7 pip movement on SI for the next 12 hours. We expect SI to trend upwards for 12 hours because the released value is > -1%
Historical events that allowed us to draw this conclusion
30 Oct 10:00 |
31 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
