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We expect a $395.234 movement on ZB within 48 hours following the event release at 10 Dec 00:30.

Based on the last 12 NAB Business Confidence events in Australia, we expect a $395.234 movement on ZB within 48 hours following the event release at 10 Dec 00:30. We expect ZB to trend upwards 48 hours following the event release at 10 Dec 00:30 if the released value is > 0

Historical events that allowed us to draw this conclusion

12 Nov 00:30
13 Aug 01:30
11 Jun 01:30
29 Jan 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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