Based on the last 12 Balance of Trade events in Australia, we expect RTY to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < A$2.5B Historical events that allowed us to draw this conclusion
03 Jul 01:30 |
05 Jun 01:30 |
03 Apr 00:30 |
06 Feb 00:30 |
07 Nov 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
