Based on the last 12 Inflation Rate YoY events in Canada, we expect a 1500 pip movement on CC within 2 hours following the event release at 2024-01-16 13:30. We expect CC to trend upwards 2 hours following the event release at 2024-01-16 13:30 if the released value is = 3.4%
Historical events that allowed us to draw this conclusion
27 Jun 12:30 |
18 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
