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We expect a 33 pip movement on UB for the next 4 hours.

Based on the last 12 PPI MoM events in United States, we could see a $121 movement on UB within the next 4 hours. We may see UB trend upwards for 4 hours because the released value is < 0.2% Historical events that allowed us to draw this conclusion

15 May 12:30
11 Apr 12:30
13 Mar 12:30
11 Oct 12:30
13 Aug 12:30
13 Jun 12:30

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

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