We expect SM to trend downwards for the next 12 hours.

Based on the last 12 Unemployment Rate events in Germany, we expect SM to trend downwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is = 5%

Historical events that allowed us to draw this conclusion

31 Jul 07:55

01 Jul 07:55

30 Apr 07:55

31 Jan 08:55

30 Oct 08:55

30 Aug 07:55

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