Based on the last 12 NAB Business Confidence events in Australia, we expect CL to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 10 Historical events that allowed us to draw this conclusion
11 Aug 01:30 |
10 Mar 01:00 |
11 Feb 00:30 |
28 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
