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We expect CT to trend upwards for the next 2 hours.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect CT to trend upwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 65

Historical events that allowed us to draw this conclusion

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

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

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There is a 77.78% chance of CC trending upwards

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We expect ES to trend upwards right now.

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