Based on the last 12 Unemployment Rate events in Australia, we expect NG to trend downwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is < 5% Historical events that allowed us to draw this conclusion
14 Oct 00:30 |
16 Sep 01:30 |
17 Jun 01:30 |
20 May 01:30 |
18 Mar 00:30 |
18 Feb 00:30 |
21 Jan 00:30 |
17 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
