Receive the latest alerts via email

We expect CC to trend upwards today.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect CC to trend upwards later today. Based on these past events there is a 80% chance of this. We expect CC to trend upwards 12 hours following the event release at 10 Jun 00:30 if the released value is > 90. A price movement of 6,350 pips is expected.

Historical events that allowed us to draw this conclusion

13 May 00:30
11 Feb 23:30
12 Nov 23:30
11 Sep 00:30
14 Aug 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

Total
0
Shares
Previous Post

We expect SI to trend upwards right now.

Next Post

We expect HE to trend downwards right now.

ARTÍCULOS RELACIONADOS