Based on the last 12 Industrial Production YoY events in Euro Area, we expect NG to trend upwards for the next 48 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is < 22.2% Historical events that allowed us to draw this conclusion
12 May 09:00 |
14 Apr 09:00 |
15 Feb 10:00 |
12 Aug 09:00 |
14 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
