We expect NIY to trend downwards for the next 2 hours.

Based on the last 12 Employment Change events in Australia, we expect NIY to trend downwards for the next 2 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > -35K

Historical events that allowed us to draw this conclusion

17 Sep 01:30

16 Jul 01:30

19 Mar 00:30

20 Feb 00:30

19 Dec 00:30

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