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We expect CRD to trend upwards today with a 66.67% chance.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $222 movement on CRD within 48 hours following the event release at 2023-06-06 04:30. We expect CRD to trend upwards 48 hours following the event release at 2023-06-06 04:30 if the released value is > 3.85%

Historical events that allowed us to draw this conclusion

07 Jun 04:30
03 May 04:30

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

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