Based on the last 12 ISM Non-Manufacturing PMI events in United States, we could expect NIY to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect NIY to trend upwards 2 hours following the event release at 04 May 14:00 if the released value is > 58.5. A price movement of 13,250 pips could result.

Historical events that allowed us to draw this conclusion

03 Feb 15:00

03 Nov 14:00

05 Oct 14:00

03 Sep 14:00

04 Aug 14:00

03 Jun 14:00