Based on the last 12 Balance of Trade events in Australia, we may see a 8 pip movement on NG within 2 hours following the event release at 02 Jun 01:30 UTC. NG may trend upwards 2 hours following the event release at 02 Jun 01:30 UTC if the released value is > A$9.3B
Historical events that allowed us to draw this conclusion
05 May 01:30 |
03 Mar 00:30 |
04 Nov 00:30 |
02 Sep 01:30 |
05 Aug 01:30 |
03 Jun 01:30 |