Based on the last 12 NAB Business Confidence events in Australia, we expect S to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 1
Historical events that allowed us to draw this conclusion
13 Sep 01:30 |
09 Aug 01:30 |
12 Apr 01:30 |
08 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).