Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect UB to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 79.7
Historical events that allowed us to draw this conclusion
16 Jan 23:30 |
10 Oct 23:30 |
13 Sep 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
