Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a $610 movement on GF within 2 hours following the event release at 2023-07-12 14:00. We expect GF to trend upwards 2 hours following the event release at 2023-07-12 14:00 if the released value is = 5%
Historical events that allowed us to draw this conclusion
08 Mar 15:00 |
25 Jan 15:00 |
07 Sep 14:00 |
01 Jun 14:00 |
02 Mar 15:00 |
28 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
