Based on the last 12 NAB Business Confidence events in Australia, we expect a $144 movement on TN within 48 hours following the event release at 2025-01-28 00:30. We expect TN to trend downwards 48 hours following the event release at 2025-01-28 00:30 if the released value is > 3
Historical events that allowed us to draw this conclusion
12 Nov 00:30 |
09 Jul 01:30 |
09 Apr 01:30 |
12 Mar 00:30 |
23 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
