We expect a $8299687 movement on NIY within 48 hours following the release of Durable Goods Orders MoM.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect NIY to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.4%

Historical events that allowed us to draw this conclusion

27 Jul 12:30

25 Feb 13:30

23 Dec 13:30

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