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We expect a $0 movement on RU within 12 hours following the event release at 20 Feb 13:30.

Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $0 movement on RU within 12 hours following the event release at 20 Feb 13:30. We expect RU to trend downwards 12 hours following the event release at 20 Feb 13:30 if the released value is > 12

Historical events that allowed us to draw this conclusion

18 Jul 12:30
16 May 12:30
21 Mar 12:30

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

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