Based on the last 12 NAB Business Confidence events in Australia, we expect YM to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < -2 Historical events that allowed us to draw this conclusion
11 Feb 00:30 |
28 Jan 00:30 |
10 Sep 01:30 |
14 May 01:30 |
01 Apr 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
