Based on the last 12 Employment Change events in Australia, we expect NG to trend downwards later today. Based on these past events there is a 77.78% chance of this. This may happen if the released value is > 40K
Historical events that allowed us to draw this conclusion
17 Dec 00:30 |
19 Nov 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |
16 Apr 01:30 |
19 Mar 00:30 |
20 Feb 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
