Based on the last 12 Inflation Rate YoY events in Canada, we expect ZB to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 1.2%
Historical events that allowed us to draw this conclusion
18 Mar 12:30 |
19 Feb 13:30 |
21 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).