Based on the last 12 Interest Rate Decision events in New Zealand, we expect a $261.174 movement on ZB within 48 hours following the event release at 23 Sep 02:00. We expect ZB to trend upwards 48 hours following the event release at 23 Sep 02:00 if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
24 Jun 02:00 |
13 May 02:00 |
08 May 02:00 |
27 Mar 01:00 |
13 Feb 01:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
