We expect SI to trend upwards later today. Based on these past Japan Balance of Trade news events there is a 75% chance of this. We expect this to happen if the released value is > ¥-784.1B. A price movement of 7 pips is expected.
Historical events that allowed us to draw this conclusion
17 Aug 23:50 |
19 May 23:50 |
16 Feb 23:50 |