Based on the last 12 Inflation Rate YoY events in Canada, we expect a 307 pip movement on KC within 4 hours following the event release at 2023-11-21 13:30. We expect KC to trend upwards 4 hours following the event release at 2023-11-21 13:30 if the released value is < 3.2% Historical events that allowed us to draw this conclusion
17 Oct 12:30 |
18 Jul 12:30 |
21 Feb 13:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
