Based on the last 12 Inflation Rate YoY events in Canada, we expect a $12.943 movement on ED within the next 12 hours. We expect ED to trend upwards for 12 hours because the released value is > 2.1%
Historical events that allowed us to draw this conclusion
19 Feb 13:30 |
19 Jun 12:30 |
22 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
