Based on the last 12 Balance of Trade events in Australia, we expect 6M to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is < A$7.4B Historical events that allowed us to draw this conclusion
08 Jan 00:30 |
06 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
