Based on the last 12 Balance of Trade events in Germany, we expect a $26850 movement on PL within 12 hours following the event release at 2023-07-04 06:00. We expect PL to trend downwards 12 hours following the event release at 2023-07-04 06:00 if the released value is < €17.5B Historical events that allowed us to draw this conclusion
02 Dec 07:00 |
05 Oct 06:00 |
04 Jul 06:00 |
03 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).