We expect a $28.834 movement on SI within the next 48 hours.

We expect a $28.834 movement on SI within the next 48 hours. We expect SI to trend upwards 48 hours following the NAB Business Confidence events in Australia release because the released value is > 18. A price movement of 104 pips is expected.

Historical events that allowed us to draw this conclusion

09 Mar 00:30

10 Nov 00:30

08 Sep 01:30

14 Jul 01:30

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”).