Based on the last 12 NAB Business Confidence events in Australia, we expect a $23,928.6 movement on GC within the next 12 hours. We expect GC to trend upwards for the next 12 hours because the released value is > 11
Historical events that allowed us to draw this conclusion
09 Feb 00:30 |
08 Dec 00:30 |
10 Nov 00:30 |
05 Oct 00:30 |
09 Jun 01:30 |
12 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
