Based on the last 12 Unemployment Rate events in Canada, we could see a $51645000 movement on NIY within the next 48 hours. NIY could trend upwards for the next 48 hours because the released value is < 6.6% Historical events that allowed us to draw this conclusion
09 Aug 12:30 |
10 May 12:30 |
09 Feb 13:30 |
05 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).