Based on the last 12 NAB Business Confidence events in Australia, we expect a $7823855 movement on NIY within 2 hours following the event release at 2024-11-12 00:30. We expect NIY to trend upwards 2 hours following the event release at 2024-11-12 00:30 if the released value is > 2
Historical events that allowed us to draw this conclusion
09 Jul 01:30 |
12 Mar 00:30 |
23 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
