Based on the last 12 NAB Business Confidence events in Australia, we expect DC to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > -2
Historical events that allowed us to draw this conclusion
12 Nov 00:30 |
13 Aug 01:30 |
11 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
