nse tips

ceat 1st target achieved

NZD, GBP, CHF news.

NZD

The Reserve Bank of New Zealand (RBNZ) differs from many of the central banks in the West, such as the US or UK. The RBNZ is not completely independent, meaning it is still in part tied to the New Zealand Government. Due to this fact, the RBNZ can only change monetary policy under the Policy Target Agreement (PTA). The PTA states that the inflation target must be negotiated between the government and the RBNZ. Currently the PTA states that that inflation should fall between a 1-3% target level. Regardless of whether the Reserve Bank of New Zealand chooses to raise, lower, or maintain the interest rate; the decision always has an effect on the NZD. This news is at 22:00 GMT on 09 Dec 2015.

 

CHF

The Swiss National Bank (SNB) usually announces a target range for Libor, and the midpoint is considered the target rate unless specifically stated otherwise. The rate decision is usually priced into the market, so it tends to be overshadowed by the SNB Monetary Policy Assessment, which is focused . This news is at 10:30 GMT on 10 Dec 2015.

GBP

 

UK BOE Interest Rate Decision will set the pace of GBP until the end of 2015.  With BOE still taunting a potential rate hike (although there is no real expectation for it), today's release along with vote counts should provide enough hints for the market. This news is at 14:00 GMT on 10 Dec 2015.

nse tips

sell ceat@990-995 sl 1016 target 975/965/945