Based on the last 12 Balance of Trade events in Canada, we could see SM trend downwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is < C$-0.8B Historical events that allowed us to draw this conclusion
05 Nov 13:30 |
08 Oct 12:30 |
03 Jul 12:30 |
07 Feb 13:30 |
09 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
