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We expect GF to trend downwards today.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect GF to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GF to trend downwards 48 hours following the event release at 02 Feb 09:00 if the released value is < -2.2%. A price movement of 296 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 09:00
30 Oct 09:00

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

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We expect RB to trend downwards today with a 80% chance.

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

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