Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect EMD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 3.7%
Historical events that allowed us to draw this conclusion
21 May 06:00 |
19 Feb 07:00 |
20 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
