Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $47.108 movement on HE within 2 hours following the event release at 16 Dec 07:00. We expect HE to trend upwards 2 hours following the event release at 16 Dec 07:00 if the released value is = 0.6%
Historical events that allowed us to draw this conclusion
21 Oct 06:00 |
17 Jun 06:00 |
22 Apr 06:00 |
25 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).