Based on the last 12 Ivey PMI s.a events in Canada, we expect a $0 movement on 6C within 48 hours following the event release at 07 Apr 14:00. We expect 6C to trend upwards 48 hours following the event release at 07 Apr 14:00 if the released value is > 60.5
Historical events that allowed us to draw this conclusion
05 Mar 15:00 |
05 Feb 15:00 |
06 Nov 15:00 |
07 Aug 14:00 |
07 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
