Based on the last 12 Balance of Trade events in Australia, we expect a 9400 pip movement on KW within 48 hours following the event release at 2023-04-06 01:30. We expect KW to trend upwards 48 hours following the event release at 2023-04-06 01:30 if the released value is > A$11.1B
Historical events that allowed us to draw this conclusion
12 Jan 00:30 |
03 Nov 00:30 |
07 Jul 01:30 |
02 Jun 01:30 |
05 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
