Volatility alert for 09 Dec 13:30

Due to the United States Continuing Jobless Claims news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 09 Dec 13:30:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during US Continuing Jobless Claims
S 400-700 pips 476-849 pips (21.42%)
GC 810-1530 pips 999-1839 pips (20.26%)