Based on the last 12 Inflation Rate YoY events in Canada, we expect SB to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 3.2%
Historical events that allowed us to draw this conclusion
16 Dec 13:30 |
18 Nov 13:30 |
21 Oct 12:30 |
22 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).