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We expect BR to trend downwards today with a 66.67% chance.

Based on the last 12 Inflation Rate YoY events in Canada, we expect BR to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect BR to trend downwards 48 hours following the event release at 22 Jan 13:30 if the released value is < 2.2%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

18 Sep 12:30
27 Feb 13:30

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

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GER30 is quickly approaching 13513.0000. We expect either a breakout through this line, or a rebound.

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