Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NG to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0.3
Historical events that allowed us to draw this conclusion
12 Nov 10:00 |
17 Sep 09:00 |
16 Apr 09:00 |
19 Mar 10:00 |
22 Jan 10:00 |
11 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).