Based on the last 12 NAB Business Confidence events in Australia, we expect a $146.482 movement on TN within 12 hours following the event release at 11 Feb 00:30. We expect TN to trend downwards 12 hours following the event release at 11 Feb 00:30 if the released value is < 0 Historical events that allowed us to draw this conclusion
28 Jan 00:30 |
01 Apr 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
