Based on the last 12 Ivey PMI s.a events in Canada, we expect a $83.43 movement on LE within 2 hours following the event release at 06 Nov 15:00. We expect LE to trend downwards 2 hours following the event release at 06 Nov 15:00 if the released value is < 51.5 Historical events that allowed us to draw this conclusion
07 Jan 15:00 |
06 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
