Based on the last 12 Retail Sales MoM events in Australia, we expect a $0 movement on BR within 48 hours following the event release at 04 Nov 00:30. We expect BR to trend downwards 48 hours following the event release at 04 Nov 00:30 if the released value is > 0.5%
Historical events that allowed us to draw this conclusion
03 Apr 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
