Based on the last 12 Interest Rate Decision events in New Zealand, we expect NQ to trend upwards later today. Based on these past events there is a 70% chance of this. This may happen if the released value is = 0.75%
Historical events that allowed us to draw this conclusion
14 Jul 02:00 |
14 Apr 02:00 |
24 Feb 01:00 |
11 Nov 01:00 |
23 Sep 02:00 |
12 Aug 02:00 |
13 May 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
