Based on the last 12 PPI MoM events in United States, we could see a 230 pip movement on CRD for the next 12 hours. CRD could trend downwards for 12 hours because the released value is > 0.3%
Historical events that allowed us to draw this conclusion
16 Feb 13:30 |
11 Oct 12:30 |
11 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
