Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a $0.246 movement on NG within 4 hours following the event release at 01 Jun 12:30. We expect NG to trend downwards 4 hours following the event release at 01 Jun 12:30 if the released value is < 3.8% Historical events that allowed us to draw this conclusion
01 Dec 13:30 |
31 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
