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This Wednesday 02 Jun at 01:30 AM GMT the latest AU GDP Growth Rate QoQ number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that UB will trend down following the news event.
This probability is based on the last 12 AU GDP Growth Rate QoQ events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of UB.
Here are images of the past events:
Wednesday 03 Mar at 12:30 AM GMT:
Wednesday 04 Mar at 12:30 AM GMT:
Wednesday 05 Sep at 01:30 AM GMT:
Wednesday 06 Jun at 01:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance