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We expect SM to trend downwards today with a 83.33% chance.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect SM to trend downwards later today. Based on these past events there is a 83.33% chance of this. This will happen if the released value is > 1.3%

Historical events that allowed us to draw this conclusion

30 Jul 12:00
27 Jun 12:00
30 Apr 12:00
28 Feb 13:00

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

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