Based on the last 12 Employment Change events in Canada, we expect a $0.327 movement on NG within the next 48 hours. We expect NG to trend downwards for the next 48 hours because the released value is > 156.6K
Historical events that allowed us to draw this conclusion
07 Aug 12:30 |
10 Jul 12:30 |
05 Jun 12:30 |
08 May 12:30 |
07 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
