Based on the last 12 Employment Change events in Canada, we expect a $0 movement on BP within 2 hours following the event release at 09 Oct 12:30. We expect BP to trend downwards 2 hours following the event release at 09 Oct 12:30 if the released value is > 156.6K
Historical events that allowed us to draw this conclusion
07 Aug 12:30 |
07 Feb 13:30 |
10 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).