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We expect ES to trend upwards right now.

Based on the last 12 Interest Rate Decision events in New Zealand, we expect ES to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is = 0.25%

Historical events that allowed us to draw this conclusion

12 Feb 01:00
26 Jun 02:00
27 Mar 01:00
13 Feb 01:00
07 Nov 20:00
26 Sep 21:00
08 Aug 21:00

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

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

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We expect a 5,735 pip movement on SP within 48 hours following the event release.

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