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We expect NG to trend downwards today with a 77.78% chance.

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”).

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