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There is a 66.67% chance of BP trending upwards

Based on past Australia NAB Business Confidence news events there is a 66.67% chance of BP trending upwards. We expect this to happen because the released value is < 18. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

11 Aug 01:30
14 Apr 01:30

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

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We expect 6S to trend upwards today with a 66.67% chance.

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We expect a $0.036 movement on HO within 48 hours following the event release at 13 Apr 06:00.

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