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We expect a $3398 movement on KC within 48 hours following the event release at 2022-07-07 14:00.

Based on the last 12 Ivey PMI s.a events in Canada, we expect KC to trend downwards later today. Based on these past events there is a 75% chance of this. We expect KC to trend downwards 48 hours following the event release at 2022-07-07 14:00 if the released value is < 64. A price movement of 1530 pips is expected. Historical events that allowed us to draw this conclusion

06 May 14:00
06 Aug 14:00
04 Jun 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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