Before discussing about all the chaos in the Greece let us see some interesting figures about the Near term debt obligations of Greece.
Kindly click on the image for a better view.
And yesterday the referendum was scrapped and the Greek PM did not resign and the Vote of Confidence will happen in the Greece parliament today.
Meanwhile Greece Finance Minister said, they need the 6th tranche of aid before Dec 15th.
And in another twist,two Italian ruling party law makers withdraw their support to Berlusconi.
As the news about scrapping the referendum was out,the US markets rallied and they were almost up by more than a percent and a half.
Expect huge volatility in our market today and the last two hours of trade is going to be very volatile on account of Greece VoC and do remember Monday is a trading holiday for our markets.
Nikkei which was shut yesterday on account of Culture day holiday is trading up by 120 pts,1.3% at 06.45 AM IST.
Kindly click on the image for a better view.
And yesterday the referendum was scrapped and the Greek PM did not resign and the Vote of Confidence will happen in the Greece parliament today.
Meanwhile Greece Finance Minister said, they need the 6th tranche of aid before Dec 15th.
And in another twist,two Italian ruling party law makers withdraw their support to Berlusconi.
As the news about scrapping the referendum was out,the US markets rallied and they were almost up by more than a percent and a half.
Expect huge volatility in our market today and the last two hours of trade is going to be very volatile on account of Greece VoC and do remember Monday is a trading holiday for our markets.
Nikkei which was shut yesterday on account of Culture day holiday is trading up by 120 pts,1.3% at 06.45 AM IST.
Hang Seng which closed 2.5% down yesterday is trading up by 3.4% at 07.12 AM IST.
