Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $670.982 movement on CT within 48 hours following the event release at 08 Feb 23:30. We expect CT to trend upwards 48 hours following the event release at 08 Feb 23:30 if the released value is < 102 Historical events that allowed us to draw this conclusion
18 Jan 23:30 |
14 Dec 23:30 |
13 Oct 00:30 |
11 Aug 00:30 |
09 Jun 00:30 |
19 Jan 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
