Based on the last 12 Balance of Trade events in Japan, we expect a $169 movement on HE within 4 hours following the event release at 2023-06-14 23:50. We expect HE to trend upwards 4 hours following the event release at 2023-06-14 23:50 if the released value is < ¥-1331.9B Historical events that allowed us to draw this conclusion
14 Sep 23:50 |
16 Aug 23:50 |
15 Jun 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
