Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect SI to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect SI to trend upwards 4 hours following the event release at 15 Aug 23:50 if the released value is > 0.2%. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
14 Feb 23:50 |
15 Nov 23:50 |
17 May 23:50 |
08 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
