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We expect a $86.393 movement on DX within 48 hours following the event release at 09 Feb 00:30.

Based on the last 12 NAB Business Confidence events in Australia, we expect a $86.393 movement on DX within 48 hours following the event release at 09 Feb 00:30. We expect DX to trend upwards 48 hours following the event release at 09 Feb 00:30 if the released value is < 5 Historical events that allowed us to draw this conclusion

27 Jan 00:30
14 Apr 01:30
10 Mar 01:00
11 Feb 00:30

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

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