Based on the last 12 Inflation Rate YoY events in Canada, we expect HE to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 2.2%
Historical events that allowed us to draw this conclusion
20 Nov 13:30 |
17 Jul 12:30 |
15 May 12:30 |
17 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).