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We expect CC to trend upwards today with a 75% chance.

Based on the last 12 Retail Sales MoM events in Australia, we expect CC to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 8.2% Historical events that allowed us to draw this conclusion

06 Mar 00:30
06 Feb 00:30
05 Dec 00:30
04 Nov 00:30
04 Oct 01:30
03 Sep 01:30
04 Jul 01:30
04 Jun 01:30

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

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