Based on the last 12 Inflation Rate YoY events in Canada, we expect 6C to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 3.4%
Historical events that allowed us to draw this conclusion
16 Jun 12:30 |
19 May 12:30 |
17 Feb 13:30 |
16 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).