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We expect DX to trend downwards right now.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect DX to trend downwards right now. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > -2.2%

Historical events that allowed us to draw this conclusion

30 Oct 09:00
30 Apr 10:00
31 Oct 11:00
31 Jul 10:00
30 Apr 10:00

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

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We expect a 38 pip movement on ZR within 48 hours following the event release.

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