Based on the last 12 Inflation Rate YoY events in Japan, we expect a $8.973 movement on ED within the next 48 hours. We expect ED to trend upwards for 48 hours because the released value is = 0.1%
Historical events that allowed us to draw this conclusion
20 Feb 23:30 |
22 Aug 23:30 |
20 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).