Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $0 movement on RU within 12 hours following the event release at 20 Feb 13:30. We expect RU to trend downwards 12 hours following the event release at 20 Feb 13:30 if the released value is > 12
Historical events that allowed us to draw this conclusion
18 Jul 12:30 |
16 May 12:30 |
21 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).