Based on the last 12 Balance of Trade events in Japan, we expect a 463 pip movement on KC within 48 hours following the event release at 2025-04-16 23:50. We expect KC to trend upwards 48 hours following the event release at 2025-04-16 23:50 if the released value is < ¥485.3B Historical events that allowed us to draw this conclusion
18 Mar 23:50![]() |
19 Nov 23:50![]() |
20 Aug 23:50![]() |
21 May 23:50![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).