Based on the last 12 Adp Employment Change events in United States, we expect a 8,250 pip movement on NIY within 4 hours following the event release at 04 Dec 13:15 UTC. We expect NIY to trend downwards 4 hours following the event release at 04 Dec 13:15 UTC if the released value is > 140K
Historical events that allowed us to draw this conclusion
30 Oct 12:15 |
31 Jul 12:15 |
01 May 12:15 |
03 Jan 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
