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This Tuesday 08 Jun at 12:30 PM GMT the latest US Balance of Trade number will be released.
If the number is less than than economists’ consensus there is a 70% probability that UB will trend up following the news event.
This probability is based on the last 12 US Balance of Trade events, in which 7 of the last 10 events where the actual number was less than than the economist consensus resulted in an up trend of UB.
Here are images of the past events:
Wednesday 07 Apr at 12:30 PM GMT:
Friday 05 Mar at 01:30 PM GMT:
Friday 05 Feb at 01:30 PM GMT:
Wednesday 04 Nov at 01:30 PM GMT:
Tuesday 06 Oct at 12:30 PM GMT:
Thursday 03 Sep at 12:30 PM GMT:
Thursday 02 Jul at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance