Based on the last 12 Durable Goods Orders MoM events in United States, we expect UB to trend downwards for the next 12 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 0.7%
Historical events that allowed us to draw this conclusion
25 Aug 12:30 |
25 Feb 13:30 |
23 Dec 13:30 |
25 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
