Based on the last 12 Retail Sales MoM events in United States, we expect a 50 pip movement on ZN within 48 hours following the event release at 13 Dec 13:30 UTC. We expect ZN to trend upwards 48 hours following the event release at 13 Dec 13:30 UTC if the released value is > 0.5%
Historical events that allowed us to draw this conclusion
15 Nov 13:30 |
16 Jul 12:30 |
18 Apr 12:30 |
11 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
