Based on the last 12 GDP Growth Rate QoQ events in Australia, we may expect NKD to trend upwards right now. Based on these past events there is a 77.78% chance of this. We made this conclusion because the released value is < 0.4%. A price movement of 29 pips may be experienced. Historical events that allowed us to draw this conclusion
04 Dec 00:30 |
05 Jun 01:30 |
06 Mar 00:30 |
06 Dec 00:30 |
01 Mar 00:30 |
07 Dec 00:30 |
07 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
