Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect NIY to trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 65
Historical events that allowed us to draw this conclusion
03 Nov 14:00 |
03 Sep 14:00 |
04 Aug 14:00 |
03 Jun 14:00 |
03 Feb 15:00 |
07 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
