Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NIY to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect NIY to trend upwards 2 hours following the event release at 15 Feb 10:00 if the released value is > 55. A price movement of 6,000 pips is expected.
Historical events that allowed us to draw this conclusion
18 Jan 10:00 |
09 Nov 10:00 |
11 May 09:00 |
16 Mar 10:00 |
16 Feb 10:00 |