Based on the last 12 Retail Sales MoM events in United States, we expect a $1.318 movement on SB within 12 hours following the event release at 14 Aug 12:30. We expect SB to trend downwards 12 hours following the event release at 14 Aug 12:30 if the released value is > 1.9%
Historical events that allowed us to draw this conclusion
16 Jul 12:30 |
16 Jun 12:30 |
15 Nov 13:30 |
15 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).