Based on the last 12 Inflation Rate YoY events in Japan, we expect SB to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect SB to trend upwards 2 hours following the event release at 21 Apr 23:30 if the released value is > 1.1%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

21 Oct 23:30

19 Jul 23:30

17 Jun 23:30