Based on the last 12 Inflation Rate YoY events in Canada, we expect a $0.385 movement on HG within the next 12 hours. We expect HG to trend downwards for the next 12 hours because the released value is > 0.4%
Historical events that allowed us to draw this conclusion
21 Oct 12:30 |
22 Jul 12:30 |
18 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
