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We expect SB to trend upwards today with a 80% chance.

Based on the last 12 Inflation Rate YoY events in Canada, we expect SB 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 > 3.2%

Historical events that allowed us to draw this conclusion

16 Dec 13:30
18 Nov 13:30
21 Oct 12:30
22 Jul 12:30

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

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