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We expect a $1.318 movement on SB within 12 hours following the event release at 14 Aug 12:30.

Based on the last 12 Retail Sales MoM events in United States, we expect a $1.318 movement on SB within 12 hours following the event release at 14 Aug 12:30. We expect SB to trend downwards 12 hours following the event release at 14 Aug 12:30 if the released value is > 1.9%

Historical events that allowed us to draw this conclusion

16 Jul 12:30
16 Jun 12:30
15 Nov 13:30
15 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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