Based on past Canada Inflation Rate YoY news events there is a 75% chance of ZB trending upwards. We expect this to happen if the released value is < 0%. A price movement of 156 pips is expected. Historical events that allowed us to draw this conclusion
20 May 12:30 |
18 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
