Based on the last 12 Retail Sales MoM events in Australia, we expect a $0 movement on 6M within the next 2 hours. We expect 6M to trend upwards for 2 hours because the released value is < 0.5% Historical events that allowed us to draw this conclusion
04 Jul 01:30 |
04 Jun 01:30 |
07 Mar 00:30 |
05 Feb 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
