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Thursday, 10 December 2015

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

Friday, 27 November 2015

Sensex,Nifty top gainers

Sensex,Nifty top gainers Bank of Baroda, Hindalco, Punjab National Bank, Vedanta

Sugar

Sugar flat on strong global cues, weak demand

Soybean Dec futures

Soybean Dec futures slump 0.64% to Rs 3,862/100 kg on higher supply, improved demand vs open of Rs 3,878/100 kg

cpo updates

CPO Nov futures rise 0.21% to Rs 381.30/10 kg on demand worries, weak INR vs open of Rs 382.50/10 kg

Banking

Banking secy says govt may provide some relief to steel, textile, aluminium sectors

USD/INR

USD/INR pare gains on likely inflows into local shares, Sensex up 128 points

copper up dates

MCX copper Nov delivery seen support at Rs 294.6/kg, resistance at Rs 305.6/kg Fri on demand hope

aluminium updates

MCX aluminium Nov contract seen support at Rs 96.2/kg, resistance at Rs 102.4/kg Fri on demand hope

Followers

Dhaniya levels