We expect HE to trend upwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY events in Canada, we expect HE to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 2.2%

Historical events that allowed us to draw this conclusion

20 Nov 13:30
17 Jul 12:30
15 May 12:30
17 Apr 12:30

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

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