Based on the last 12 BoC Interest Rate Decision events in Canada, we expect KW to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 5%
Historical events that allowed us to draw this conclusion
07 Sep 14:00 |
08 Dec 15:00 |
28 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).