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We expect UB to trend upwards right now.

Based on the last 12 PPI MoM events in United States, we could see a $100 movement on UB within the next 2 hours. UB could trend upwards for the next 2 hours because the released value is < 0.3% Historical events that allowed us to draw this conclusion

12 Jan 13:30
13 Dec 13:30
13 Jul 12:30
14 Jun 12:30
13 Apr 12:30

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

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