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We expect HE to trend downwards right now.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect HE to trend downwards right now. Based on these past events there is a 80% chance of this. We expect HE to trend downwards for the next 4 hours because the released value is > 90. A price movement of 193 pips is expected.

Historical events that allowed us to draw this conclusion

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

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We expect CC to trend upwards today.

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We expect a $1,793.745 movement on KW within 2 hours following the event release at 10 Jun 12:30.

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