Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect 6A to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 110 Historical events that allowed us to draw this conclusion
10 Nov 23:30 |
12 Aug 00:30 |
15 Jul 00:30 |
15 Apr 00:30 |
10 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
