Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 42 pip movement on SI within 2 hours following the event release at 01 Mar 13:30 UTC. We expect SI to trend upwards 2 hours following the event release at 01 Mar 13:30 UTC if the released value is > 1.6%
Historical events that allowed us to draw this conclusion
30 Nov 13:30 |
02 Mar 13:30 |
29 May 12:30 |
29 Nov 13:30 |