We expect a $10321450 movement on NIY within the next 12 hours. We expect NIY to trend upwards 12 hours following the ISM Manufacturing PMI events in United States release because the released value is < 47.6. A price movement of 31000 pips is expected. Historical events that allowed us to draw this conclusion
01 Nov 14:00 |
01 Jun 14:00 |
03 Apr 14:00 |
01 Mar 15:00 |
01 Feb 15:00 |
04 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
