Based on the last 12 Balance of Trade events in Australia, we expect a $2.92 movement on BO within the next 2 hours. We expect BO to trend downwards for 2 hours because the released value is < A$6B Historical events that allowed us to draw this conclusion
06 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
