We expect a $1.125 movement on CL within 4 hours following the release of GDP Growth Rate YoY.

We expect a $1.125 movement on CL within 4 hours following the release of GDP Growth Rate YoY at 05 Sep 05:45. We expect CL to trend downwards 4 hours following the event release at 05 Sep 05:45 if the released value is < 0.9%. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion

28 Feb 06:45

29 Nov 06:45

31 May 05:45

01 Jun 05:45

02 Mar 06:45

02 Dec 06:45

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