Based on the last 12 Inflation Rate YoY events in Canada, we expect a $10,916,112.5 movement on NKD within 48 hours following the event release at 16 Jun 12:30. We expect NKD to trend downwards 48 hours following the event release at 16 Jun 12:30 if the released value is > 3.5%
Historical events that allowed us to draw this conclusion
17 Feb 13:30 |
18 Nov 13:30 |
22 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
