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There is a 75% chance of CL trending upwards

Based on past Canada Ivey PMI s.a news events there is a 75% chance of CL trending upwards. We expect this to happen because the released value is < 65. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion

07 May 14:00
07 Jan 15:00
07 Dec 15:00
07 Oct 14:00

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

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10 year US Treasury Note SEPTEMBER 2021 – breach of a trending support line that has been tested at least twice before.

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UK100 is quickly approaching 7106.0000. We expect either a breakout through this line, or a rebound.

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