Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $1,632,278.48 movement on NQ within 4 hours following the event release at 08 Mar 23:30. We expect NQ to trend downwards 4 hours following the event release at 08 Mar 23:30 if the released value is < 99.2 Historical events that allowed us to draw this conclusion
08 Feb 23:30 |
18 Jan 23:30 |
13 Oct 00:30 |
09 Jun 00:30 |
19 May 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
