Based on the last 12 RBA Interest Rate Decision events in Australia, we expect ES to trend upwards later today. Based on these past events there is a 70% chance of this. We expect ES to trend upwards 4 hours following the event release at 2022-09-06 04:30 if the released value is = 2.35%. A price movement of 2537 pips is expected.
Historical events that allowed us to draw this conclusion
05 Apr 04:30 |
01 Mar 03:30 |
01 Feb 03:30 |
07 Dec 03:30 |
02 Nov 03:30 |
05 Oct 03:30 |
03 Aug 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
