Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $0.384 movement on NG within 12 hours following the event release at 18 Jan 07:00. We expect NG to trend downwards 12 hours following the event release at 18 Jan 07:00 if the released value is < 4.2% Historical events that allowed us to draw this conclusion
17 Aug 06:00 |
18 May 06:00 |
20 Apr 06:00 |
23 Mar 07:00 |
26 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
