All news · n=26 · sample · the other 8 times a bigger release came out in the same minute

Retail Sales m/m

First-minute move · last 12 months
33p
quiet minute ~9p
Biggest swing within 15 min
119p
Gold higher 15 min later
10/25
40% · chance ~50% · without 1 followed by another release within 15 min
After the spike (5–60 min) the price kept going
13/22
chance ~50%
Above forecast → up
38%
n=16
Below forecast → up
69%
n=13

Bright: a direction that reliably differs from chance (p<0.01). Muted: could be chance.

Verdict: Moderate mover: typical first-minute move 33 pips over the last 12 months (n=8), against ~9 in a quiet minute at that hour · no reliable direction – the move is mixed.

Does the spike keep going or go back? · 22 releases with no other release within the hour

Each release is flipped so that its spike points up, otherwise rises and falls would cancel out. That makes even a random price look like it rose here, so the verdict, not the height of the line, says whether the move goes on.

Where the price is 15 min later · 25 releases with no other release within 15 min

−250p0+150p

Recent releases

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