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We expect a $0 movement on NE within 48 hours following the event release at 07 May 14:00.

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”).

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