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There is a 75% chance of NKD trending upwards

Based on the last 12 Inflation Rate MoM events in United States, we expect a 265 pip movement on NKD within 2 hours following the event release at 2024-11-13 13:30. We expect NKD to trend upwards 2 hours following the event release at 2024-11-13 13:30 if the released value is < 0.2% Historical events that allowed us to draw this conclusion

12 Jun 12:30
15 May 12:30
14 Nov 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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