Based on the last 12 RBA Interest Rate Decision events in Australia, we expect UB to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 4.1%
Historical events that allowed us to draw this conclusion
10 Dec 03:30 |
05 Nov 03:30 |
24 Sep 04:30 |
06 Aug 04:30 |
07 May 04:30 |
19 Mar 03:30 |
03 Oct 03:30 |
05 Sep 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
