Based on the last 12 Inflation Rate YoY events in Canada, we could see a $435917 movement on ES within the next 48 hours. We may see ES trend downwards for 48 hours because the released value is > 2.9%
Historical events that allowed us to draw this conclusion
19 Sep 12:30 |
15 Aug 12:30 |
21 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).