Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $13554187 movement on NIY within 12 hours following the event release at 2023-07-03 14:00. We expect NIY to trend upwards 12 hours following the event release at 2023-07-03 14:00 if the released value is < 47 Historical events that allowed us to draw this conclusion
01 Jun 14:00 |
03 Apr 14:00 |
01 Mar 15:00 |
01 Feb 15:00 |
04 Jan 15:00 |
03 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).