Based on the last 12 Balance of Trade events in Australia, we expect a $0 movement on 6S within 48 hours following the event release at 02 Jul 01:30. We expect 6S to trend downwards 48 hours following the event release at 02 Jul 01:30 if the released value is < A$9BHistorical events that allowed us to draw this conclusion
|06 Feb 00:30|
|05 Dec 00:30|
|05 Sep 01:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).