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We expect UB to trend upwards right now.

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect UB to trend upwards right now. Based on these past events there is a 77.78% chance of this. This may happen because the released value is = 2%

Historical events that allowed us to draw this conclusion

18 May 09:00
15 May 09:00
14 Feb 10:00
14 Nov 10:00
14 Aug 09:00
15 May 09:00
14 Feb 10:00

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

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We expect a $240.156 movement on ZB within 12 hours following the event release at 17 Aug 09:00.

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