Based on the last 12 BoC Interest Rate Decision events in Canada, we could see NIY trend upwards right now. Based on historical events there is a 70% chance of this. This may happen because the released value is = 5%
Historical events that allowed us to draw this conclusion
24 Jan 14:45 |
12 Jul 14:00 |
08 Mar 15:00 |
25 Jan 15:00 |
07 Sep 14:00 |
13 Apr 14:00 |
02 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
