Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $11.271 movement on BO within 4 hours following the event release at 02 Jun 04:30. We expect BO to trend upwards 4 hours following the event release at 02 Jun 04:30 if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Dec 03:30 |
01 Oct 04:30 |
02 Jul 04:30 |
04 Jun 04:30 |
07 May 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
