Based on the last 12 Ivey PMI s.a events in Canada, we expect a $0 movement on NE within 48 hours following the event release at 07 May 14:00. We expect NE to trend downwards 48 hours following the event release at 07 May 14:00 if the released value is > 25
Historical events that allowed us to draw this conclusion
06 Mar 15:00 |
07 Feb 15:00 |
06 Sep 14:00 |
07 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
