Based on the last 12 Balance of Trade events in Australia, we could see RTY trend downwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > A$9.3B
Historical events that allowed us to draw this conclusion
02 Dec 00:30 |
04 Nov 00:30 |
05 Oct 00:30 |
02 Sep 01:30 |
05 Aug 01:30 |
03 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).