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We expect a $749.376 movement on KC within 2 hours following the release of ISM Manufacturing PMI.

We expect a $749.376 movement on KC within 2 hours following the release of ISM Manufacturing PMI at 01 Oct 14:00. We expect KC to trend downwards 2 hours following the event release at 01 Oct 14:00 if the released value is > 59.6. A price movement of 384 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 14:00
01 Apr 14:00
01 Mar 15:00
05 Jan 15:00
02 Nov 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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