Based on the last 12 Inflation Rate YoY events in Canada, we expect 6J to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 0.4%
Historical events that allowed us to draw this conclusion
22 Jul 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).