Based on the last 12 Balance of Trade events in Australia, we expect a $19,803.81 movement on GC within 4 hours following the event release at 04 May 01:30. We expect GC to trend downwards 4 hours following the event release at 04 May 01:30 if the released value is > A$8B
Historical events that allowed us to draw this conclusion
04 Mar 00:30 |
04 Feb 00:30 |
04 Jun 01:30 |
07 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
