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We expect 6A to trend downwards today with a 80% chance.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect 6A to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 110 Historical events that allowed us to draw this conclusion

10 Nov 23:30
12 Aug 00:30
15 Jul 00:30
15 Apr 00:30
10 Mar 23:30

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

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