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We expect 6M to trend upwards right now.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect 6M to trend upwards right now. Based on these past events there is a 87.5% chance of this. This may happen because the released value is < 43.6 Historical events that allowed us to draw this conclusion

02 Mar 15:00
03 Jan 15:00
02 Dec 15:00
01 Nov 14:00
01 Oct 14:00
03 Sep 14:00
01 Aug 14:00

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

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We expect a 0 pip movement on 6S within 12 hours following the event release.

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We expect a $11.271 movement on BO within 4 hours following the event release at 02 Jun 04:30.

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