Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see ZC trend downwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > 2.2%
Historical events that allowed us to draw this conclusion
17 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).