Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect ZB to trend upwards right now. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 52.5
Historical events that allowed us to draw this conclusion
21 Feb 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).