Based on the last 12 BoC Interest Rate Decision events in Canada, we expect NIY to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 2.75%
Historical events that allowed us to draw this conclusion
16 Apr 13:45 |
12 Mar 13:45 |
29 Jan 14:45 |
11 Dec 14:45 |
23 Oct 13:45 |
05 Jun 13:45 |
10 Apr 13:45 |
24 Jan 14:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
