Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect CRD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect CRD to trend upwards 2 hours following the event release at 30 Jun 23:50 if the released value is < -31. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion
12 Dec 23:50 |
30 Jun 23:50 |
31 Mar 23:50 |
30 Sep 23:50 |
01 Apr 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
