Based on the last 12 Ivey PMI s.a events in Canada, we expect NG to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect NG to trend downwards 2 hours following the event release at 04 Feb 15:00 if the released value is > 50. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 15:00

07 Jul 14:00

07 Apr 14:00

05 Mar 15:00

05 Feb 15:00