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We expect LE to trend downwards today with a 66.67% chance.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect LE to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 1.8%

Historical events that allowed us to draw this conclusion

29 May 12:00
04 Jan 13:00

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

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