Based on the last 12 Balance of Trade events in Australia, we expect NQ to trend upwards right now. Based on these past events there is a 80% chance of this. This may happen because the released value is < A$8.8B Historical events that allowed us to draw this conclusion
02 Jul 01:30 |
06 Feb 00:30 |
05 Dec 00:30 |
03 Oct 01:30 |
05 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
