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We expect a $702611 movement on ES within 48 hours following the event release at 2024-11-12 00:30.

Based on the last 12 NAB Business Confidence events in Australia, we expect ES to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < 2 Historical events that allowed us to draw this conclusion

08 Oct 00:30
10 Sep 01:30
13 Aug 01:30
11 Jun 01:30
13 May 01:30
12 Dec 00:30
14 Nov 00:30

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

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We expect a $140 movement on EURUSD within 4 hours following the event release at 2024-11-12 00:30.

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