Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $0.163 movement on HO within the next 48 hours. We expect HO to trend upwards for 48 hours because the released value is = 0.25%
Historical events that allowed us to draw this conclusion
14 Apr 02:00 |
24 Feb 01:00 |
23 Sep 02:00 |
12 Aug 02:00 |
13 May 02:00 |
12 Feb 01:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
