Based on the last 12 NAB Business Confidence events in Australia, we expect 6S to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 18
Historical events that allowed us to draw this conclusion
09 Mar 00:30 |
09 Feb 00:30 |
08 Dec 00:30 |
08 Sep 01:30 |
09 Jun 01:30 |
12 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
