Based on the last 12 Ivey PMI s.a events in Canada, we expect KC to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect KC to trend upwards 12 hours following the event release at 2024-12-05 15:00 if the released value is > 53.1. A price movement of 95 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jul 14:00 |
07 May 14:00 |
05 Apr 14:00 |
06 Feb 15:00 |
06 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
