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We expect a $0.011 movement on 6S within 48 hours following the event release at 19 Aug 12:30.

Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $0.011 movement on 6S within 48 hours following the event release at 19 Aug 12:30. We expect 6S to trend upwards 48 hours following the event release at 19 Aug 12:30 if the released value is > 23

Historical events that allowed us to draw this conclusion

15 Apr 12:30
18 Mar 12:30
18 Feb 13:30
19 Nov 13:30
15 Oct 12:30

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

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