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We expect a $1,508,587.5 movement on NIY within the next 2 hours.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $1,508,587.5 movement on NIY within the next 2 hours. We expect NIY to trend upwards for the next 2 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

04 May 04:30
03 Nov 03:30
06 Oct 03:30
01 Sep 04:30
04 Aug 04:30
07 Jul 04:30
02 Jun 04:30
05 May 04:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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There is a 66.67% chance of RU trending upwards

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We expect a 1,262 pip movement on KW within 48 hours following the event release.

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