Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect CT to trend upwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 65
Historical events that allowed us to draw this conclusion
11 Feb 23:30 |
12 Nov 23:30 |
11 Sep 00:30 |
14 Aug 00:30 |
15 May 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
