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We expect NIY to trend upwards right now.

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”).

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