We expect a $0.046 movement on NG within the next 2 hours.

We expect a $0.046 movement on NG within the next 2 hours. We expect NG to trend upwards 2 hours following the Balance of Trade events in Australia release because the released value is > A$10.2B. A price movement of 1 pips is expected.

Historical events that allowed us to draw this conclusion

05 Aug 01:30

03 Jun 01:30

04 Mar 00:30

04 Feb 00:30

03 Dec 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).