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This Wednesday 14 Jul at 12:30 AM GMT the latest AU Westpac Consumer Confidence Index number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that UB will trend up following the news event.
This probability is based on the last 12 AU Westpac Consumer Confidence Index events, in which 5 of the last 6 events where the actual number was less than than the economist consensus resulted in an up trend of UB.
Here are images of the past events:
Wednesday 09 Jun at 12:30 AM GMT:
Wednesday 19 May at 12:30 AM GMT:
Tuesday 19 Jan at 11:30 PM GMT:
Tuesday 10 Nov at 11:30 PM GMT:
Wednesday 15 Jul at 12:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance