Based on the last 12 Ivey PMI s.a events in Canada, we expect a 35 pip movement on NKD within 4 hours following the event release at 2025-07-08 14:00. We expect NKD to trend upwards 4 hours following the event release at 2025-07-08 14:00 if the released value is > 49.1
Historical events that allowed us to draw this conclusion
05 Jun 14:00 |
04 Oct 14:00 |
05 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
