Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $0 movement on 6M within 12 hours following the event release at 01 Feb 15:00. We expect 6M to trend downwards 12 hours following the event release at 01 Feb 15:00 if the released value is < 57.5 Historical events that allowed us to draw this conclusion
04 Jan 15:00 |
02 Aug 14:00 |
03 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
