Based on the last 12 NAB Business Confidence events in Australia, we expect a $0.095 movement on HG within 2 hours following the event release at 08 Mar 00:30. We expect HG to trend downwards 2 hours following the event release at 08 Mar 00:30 if the released value is > 1

Historical events that allowed us to draw this conclusion

08 Feb 00:30

12 Oct 00:30

09 Mar 00:30

09 Feb 00:30