Based on the last 12 Ifo Business Climate events in Germany, ZB could experience an upwards trend. Based on these past events there is a 83.33% chance of this, and the trend could last 12 hours because the released value is < 89.3. Historical events that allowed us to draw this conclusion
25 Jul 08:00 |
24 Feb 09:00 |
17 Dec 09:00 |
25 Nov 09:00 |
24 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
