Tuesday, December 05, 2006

Interest Rate Decision from Central Bankers

So from today and in the next few days we'll hang up with the central banks meeting from 5 central banks like Bank of Canada, European Central Bank, Bank of England, Reserve Bank of New Zealand and Reserve bank of Australia all are sitting on the bench to decide the interest rate. Out of this 5 central banks the only one central bank namely ECB is going to hike the rate but others are not sure. May be we can see some action in meeting of BoC and everyones eyes will be on the meetings comments like whether the central bankers are going to hike the rates or may they take soe back step.

Tuesday
1400HRS > Bank of Canada Meeting
2330HRS > Reserve Bank of Australia
Wednesday
2000HRS > Reserve Bank of New Zealand
Thursday
1200HRS > Bank of England Meting
1245HRS > European Central Bank meeting