Based on the last 12 Balance of Trade events in Canada, we could see NIY trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is > C$0.1B
Historical events that allowed us to draw this conclusion
04 May 12:30 |
07 Feb 13:30 |
06 Dec 13:30 |
04 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
