Based on the last 12 Balance of Trade events in Australia, we expect a $2,680,000 movement on NIY within 4 hours following the event release at 03 Oct 01:30. We expect NIY to trend upwards 4 hours following the event release at 03 Oct 01:30 if the released value is < A$6BHistorical events that allowed us to draw this conclusion
|05 Sep 01:30|
|06 Jun 01:30|
|08 Jan 00:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).