Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a 675 pip movement on S within 2 hours following the event release at 18 Jan 23:30 UTC. We expect S to trend downwards 2 hours following the event release at 18 Jan 23:30 UTC if the released value is > 104
Historical events that allowed us to draw this conclusion
14 Apr 00:30 |
09 Mar 23:30 |
09 Feb 23:30 |
09 Dec 01:30 |