We expect ES to trend upwards later today. Based on these past United States Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is < 3.1%. A price movement of 14400 pips is expected. Historical events that allowed us to draw this conclusion
13 Jun 12:30 |
10 May 12:30 |
10 Nov 13:30 |
10 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
