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We expect CT to trend upwards today with a 66.67% chance.

Based on the last 12 Ivey PMI s.a events in Canada, we expect CT to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect CT to trend upwards 4 hours following the event release at 07 Jul 14:00 if the released value is > 43. A price movement of 92 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jun 14:00
06 Mar 15:00
07 Feb 15:00
07 Aug 14:00

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

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