Based on the last 12 Balance of Trade events in Germany, we expect a $8,369,025 movement on NKD within 12 hours following the event release at 07 May 06:00. We expect NKD to trend downwards 12 hours following the event release at 07 May 06:00 if the released value is < €17.6B Historical events that allowed us to draw this conclusion
09 Feb 07:00 |
08 Jan 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |
08 Sep 06:00 |
09 Jul 06:00 |
09 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
