Based on the last 12 PPI Input YoY events in United Kingdom, we expect UB to trend upwards later today. Based on these past events there is a 75% chance of this. We expect UB to trend upwards 48 hours following the event release at 2023-01-25 07:00 if the released value is < 18.7%. A price movement of 360 pips is expected. Historical events that allowed us to draw this conclusion
14 Sep 06:00 |
18 May 06:00 |
19 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
