Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect ES to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 85.3 Historical events that allowed us to draw this conclusion
07 Nov 23:30 |
12 Jul 00:30 |
15 Jun 00:30 |
11 May 00:30 |
08 Feb 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
