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We expect NIY to trend downwards today with a 75% chance.

Based on the last 12 Unemployment Rate events in Japan, we expect NIY to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 2.5%

Historical events that allowed us to draw this conclusion

28 Jul 23:30
30 Jun 23:30
03 Mar 23:30

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

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