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We expect a $0.105 movement on HG within 4 hours following the event release at 17 Sep 09:00.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $0.105 movement on HG within 4 hours following the event release at 17 Sep 09:00. We expect HG to trend downwards 4 hours following the event release at 17 Sep 09:00 if the released value is > -37

Historical events that allowed us to draw this conclusion

16 Apr 09:00
19 Mar 10:00
19 Feb 10:00
22 Jan 10:00
11 Sep 09:00

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

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