Based on the last 12 Inflation Rate YoY events in Canada, we expect ZC to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 1.7%
Historical events that allowed us to draw this conclusion
15 Jul 12:30 |
18 Feb 13:30 |
20 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
