Based on the last 12 NAB Business Confidence events in Australia, we expect 6C to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 6
Historical events that allowed us to draw this conclusion
10 Nov 00:30 |
08 Sep 01:30 |
14 Jul 01:30 |
09 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
