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We expect UB to trend downwards for the next 48 hours.

Based on the last 12 PPI MoM events in United States, we could see UB trend downwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > 0.1%

Historical events that allowed us to draw this conclusion

11 Oct 12:30
14 Sep 12:30
11 Aug 12:30
16 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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