Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect PL to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < -19.2 Historical events that allowed us to draw this conclusion
16 Mar 12:30 |
16 Feb 13:30 |
17 Nov 13:30 |
20 Oct 12:30 |
15 Sep 12:30 |
21 Jul 12:30 |
16 Jun 12:30 |
19 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
