Germany Markit Manufacturing PMI Flash News Event – a $0 opportunity on BP

We expect a $0 movement on BP within 2 hours following the release of Markit Manufacturing PMI Flash at 22 Apr 07:30. We expect BP to trend downwards 2 hours following the event release at 22 Apr 07:30 if the released value is > 54.5. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jan 08:30
16 Dec 08:30
23 Nov 08:30
23 Jul 07:30
23 Jun 07:30
23 Apr 07:30