Based on the last 12 RBA Interest Rate Decision events in Australia, we could expect ES to trend upwards later today. Based on these past events there is a 81.82% chance of this. We expect ES to trend upwards 2 hours following the event release at 07 Jun 04:30 if the released value is = 0.6%. A price movement of 1,200 pips could result.

Historical events that allowed us to draw this conclusion

05 Apr 04:30

01 Feb 03:30

07 Dec 03:30

02 Nov 03:30

05 Oct 03:30

07 Sep 04:30

03 Aug 04:30

01 Jun 04:30

04 May 04:30