Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $0 movement on NE within 12 hours following the event release at 05 Feb 15:00. We expect NE to trend upwards 12 hours following the event release at 05 Feb 15:00 if the released value is < 55 Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
03 Oct 14:00 |
05 Aug 14:00 |
03 Jul 14:00 |
03 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
