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This Thursday 20 Feb at 01:30 PM GMT the latest US Philadelphia Fed Manufacturing Index number will be released.
If the number is less than than economists’ consensus there is a 80% probability that GC will trend down following the news event.
This probability is based on the last 12 US Philadelphia Fed Manufacturing Index events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an down trend of GC.
Here are images of the past events:
Thursday 19 Dec at 01:30 PM GMT:
Thursday 17 Oct at 12:30 PM GMT:
Thursday 20 Jun at 12:30 PM GMT:
Thursday 21 Feb at 01:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance