Based on the last 12 Employment Change events in Canada, we expect NIY to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 195K
Historical events that allowed us to draw this conclusion
04 Dec 13:30 |
09 Oct 12:30 |
07 Aug 12:30 |
10 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).