Based on the last 12 Inflation Rate YoY events in Canada, we expect a $4.26 movement on SB within 4 hours following the event release at 28 Jul 12:30. We expect SB to trend upwards 4 hours following the event release at 28 Jul 12:30 if the released value is < 3.2% Historical events that allowed us to draw this conclusion
21 Apr 12:30 |
20 Jan 13:30 |
16 Sep 12:30 |
19 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
