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We expect a $77,319 movement on CC within 12 hours following the event release at 23 Jul 14:00.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $77,319 movement on CC within 12 hours following the event release at 23 Jul 14:00. We expect CC to trend upwards 12 hours following the event release at 23 Jul 14:00 if the released value is < -12 Historical events that allowed us to draw this conclusion

22 Apr 14:00
20 Dec 15:00
23 Oct 14:00
22 Aug 14:00

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

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