Based on the last 12 Inflation Rate YoY events in Canada, we expect a 525 pip movement on ZW for the next 4 hours. We expect ZW to trend downwards for 4 hours because the released value is = 2.2%
Historical events that allowed us to draw this conclusion
18 Dec 13:30 |
17 Jul 12:30 |
15 May 12:30 |
17 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
