We expect a $495.66 movement on SM within the next 2 hours.

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $495.66 movement on SM within the next 2 hours. We expect SM to trend upwards for the next 2 hours because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

31 Oct 04:00
19 Sep 03:00
30 Jul 03:00
20 Jun 03:00
25 Apr 03:00
23 Jan 03:00
20 Dec 03:00
31 Oct 03:00
19 Sep 03:00
31 Jul 04:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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