Based on the last 12 Employment Change events in Canada, we expect a $0 movement on 6M within the next 2 hours. We expect 6M to trend upwards for the next 2 hours because the released value is > 15K
Historical events that allowed us to draw this conclusion
07 Jun 12:30 |
10 May 12:30 |
08 Mar 13:30 |
04 Jan 13:30 |
07 Dec 13:30 |
02 Nov 12:30 |
05 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).