We expect a $0 movement on 6C within 12 hours following the release of Markit Manufacturing PMI Flash at 23 Oct 07:30. We expect 6C to trend downwards 12 hours following the event release at 23 Oct 07:30 if the released value is > 55.1. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
23 Sep 07:30 |
21 Aug 07:30 |
23 Jun 07:30 |
24 Mar 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
