Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see a $228 movement on SM within the next 4 hours. SM could trend downwards for the next 4 hours because the released value is = 3.8%
Historical events that allowed us to draw this conclusion
18 Jun 06:00 |
18 Dec 07:00 |
18 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
