Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $32.402 movement on ZN within 4 hours following the event release at 22 Jan 15:00. We expect ZN to trend upwards 4 hours following the event release at 22 Jan 15:00 if the released value is = 1.75%
Historical events that allowed us to draw this conclusion
30 Oct 14:00 |
04 Sep 14:00 |
10 Jul 14:00 |
06 Mar 15:00 |
09 Jan 15:00 |
05 Dec 15:00 |
24 Oct 14:00 |
05 Sep 14:00 |
11 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
