This Friday 12 Jul at 09:00 AM GMT the latest EMU Industrial Production YoY number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GC will trend up following the news event.
This probability is based on the last 12 EMU Industrial Production YoY events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of GC.
Here are images of the past events:
Monday 14 Jan at 10:00 AM GMT:
Wednesday 12 Sep at 09:00 AM GMT:
Tuesday 14 Aug at 09:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance