Based on the last 12 NAB Business Confidence events in Australia, we expect a $26546700 movement on NIY within 48 hours following the event release at 2023-12-12 00:30. We expect NIY to trend upwards 48 hours following the event release at 2023-12-12 00:30 if the released value is < -1 Historical events that allowed us to draw this conclusion
14 Nov 00:30 |
13 Jun 01:30 |
08 May 01:30 |
24 Jan 00:30 |
13 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
