Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect GC to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GC to trend upwards 2 hours following the event release at 13 Apr 00:30 if the released value is > 95. A price movement of 469 pips is expected.
Historical events that allowed us to draw this conclusion
15 Sep 00:30 |
14 Jul 00:30 |
09 Mar 23:30 |