USDINR pair traded sideways and closed slightly lower in the last session
• Domestic equity markets recovered from lower levels to close in green. Sensex closed at 18561.70, higher by around 56
points
• Eurozone finance ministers said there's no guarantee Greece will be given its next round of aid in a couple weeks
• Ministers held a conference call to discuss possibly giving Greece extra room to meet deficit targets that are part of its
bailout agreement
• The Eurogroup decided to delay to November 12 the decision on the potential allotment of the bailout tranche, which
Greece needs to avoid bankruptcy, totaling €31,5billion
• PM Cameron lost a parliamentary vote on the EU budget after a rebellion by members of his own party
• UK’s manufacturing PMI disappointed expectation again in October as it fell a further 0.6 points to 47.5
• Greece’s debt-load is rising much faster than expected as the country spirals into a sixth year of depression, ratcheting up
the pressure on Germany and Europe’s creditor states to accept debt-forgiveness for the first time. Finance minister Yannis
Stournaras said public debt will reach 189pc of GDP, far higher than estimates of 179pc published just weeks ago
• The average UK house price rose 0.6pc during October, but Nationwide warned that the market remains volatile and
sustained growth is still some way off
• Euro gained against dollar in previous trading session as sentiments improved slightly in the market
• Japanese equity market traded volatile and Nikkei closed at 8946.87, higher by almost 19 points
• Overall, Indian rupee is likely to take cues from the direction of dollar against major currencies in overseas market
• Domestic equity markets recovered from lower levels to close in green. Sensex closed at 18561.70, higher by around 56
points
• Eurozone finance ministers said there's no guarantee Greece will be given its next round of aid in a couple weeks
• Ministers held a conference call to discuss possibly giving Greece extra room to meet deficit targets that are part of its
bailout agreement
• The Eurogroup decided to delay to November 12 the decision on the potential allotment of the bailout tranche, which
Greece needs to avoid bankruptcy, totaling €31,5billion
• PM Cameron lost a parliamentary vote on the EU budget after a rebellion by members of his own party
• UK’s manufacturing PMI disappointed expectation again in October as it fell a further 0.6 points to 47.5
• Greece’s debt-load is rising much faster than expected as the country spirals into a sixth year of depression, ratcheting up
the pressure on Germany and Europe’s creditor states to accept debt-forgiveness for the first time. Finance minister Yannis
Stournaras said public debt will reach 189pc of GDP, far higher than estimates of 179pc published just weeks ago
• The average UK house price rose 0.6pc during October, but Nationwide warned that the market remains volatile and
sustained growth is still some way off
• Euro gained against dollar in previous trading session as sentiments improved slightly in the market
• Japanese equity market traded volatile and Nikkei closed at 8946.87, higher by almost 19 points
• Overall, Indian rupee is likely to take cues from the direction of dollar against major currencies in overseas market
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