We expect a $91.823 movement on ZN within 48 hours following the event release at 21 Jan 10:00.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $91.823 movement on ZN within 48 hours following the event release at 21 Jan 10:00. We expect ZN to trend upwards 48 hours following the event release at 21 Jan 10:00 if the released value is > 15

Historical events that allowed us to draw this conclusion

10 Dec 10:00
12 Nov 10:00
17 Sep 09:00
16 Apr 09:00
19 Mar 10:00
22 Jan 10:00

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

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