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We expect a $0.245 movement on NG within 12 hours following the event release at 04 Jun 14:00.

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $0.245 movement on NG within 12 hours following the event release at 04 Jun 14:00. We expect NG to trend downwards 12 hours following the event release at 04 Jun 14:00 if the released value is > 65

Historical events that allowed us to draw this conclusion

07 Apr 14:00
05 Mar 15:00
05 Feb 15:00
06 Nov 15:00
07 Jul 14:00
05 Jun 14:00

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

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