We expect a $8.973 movement on ED within the next 48 hours.

Based on the last 12 Inflation Rate YoY events in Japan, we expect a $8.973 movement on ED within the next 48 hours. We expect ED to trend upwards for 48 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

20 Feb 23:30
22 Aug 23:30
20 Jun 23:30

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

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