Based on the last 12 NAB Business Confidence events in Australia, we expect YM to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 8 Historical events that allowed us to draw this conclusion
10 Dec 00:30 |
08 Oct 00:30 |
10 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
