Based on the last 12 Inflation Rate YoY events in Canada, YM could trend downwards later today. Based on these past events there is a 66.67% chance of this. If the released value is = 7.4% we could see YM trend downwards 48 hours following the event release at 22 Jun 12:30.
Historical events that allowed us to draw this conclusion
19 Jan 13:30 |
17 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
