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We expect a 25 pip movement on NG within 48 hours following the event release.

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 25 pip movement on NG within 48 hours following the event release at 26 Dec 13:30 UTC. We expect NG to trend upwards 48 hours following the event release at 26 Dec 13:30 UTC if the released value is > 1691K

Historical events that allowed us to draw this conclusion

21 Nov 13:30
31 Oct 12:30
24 Oct 12:30
10 Oct 12:30
03 Oct 12:30

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

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