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We expect a $67,132 movement on CC within 4 hours following the event release at 08 Dec 23:30.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $67,132 movement on CC within 4 hours following the event release at 08 Dec 23:30. We expect CC to trend upwards 4 hours following the event release at 08 Dec 23:30 if the released value is > 105

Historical events that allowed us to draw this conclusion

13 Oct 23:30
09 Sep 00:30
10 Jun 00:30
13 May 00:30
11 Feb 23:30

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

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