Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $0.186 movement on NG within 12 hours following the event release at 01 Oct 04:30. We expect NG to trend upwards 12 hours following the event release at 01 Oct 04:30 if the released value is = 0.75%
Historical events that allowed us to draw this conclusion
03 Sep 04:30 |
06 Aug 04:30 |
04 Jun 04:30 |
07 May 04:30 |
05 Feb 03:30 |
04 Dec 03:30 |
06 Nov 03:30 |
02 Oct 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
