Based on the last 12 Employment Change events in Australia, we expect a $9.753 movement on ZN within 2 hours following the event release at 16 Jul 01:30. We expect ZN to trend downwards 2 hours following the event release at 16 Jul 01:30 if the released value is < 112.5K Historical events that allowed us to draw this conclusion
18 Jun 01:30 |
17 Oct 00:30 |
18 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).