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US News: WASHINGTON: US consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs of slowing, supporting view. ....
Retail sales, industrial production will also be released; Congress needs to reach an agreement to avert a government shutdown by the end of the week. ....
"The global macro is the predominant moving factor and that stays till December 13th at the least; till we get some clarity on the Fed s next move. For some time, you will see rangebound markets. Optimistically, hopefully, by Diwali, we cross a lifetime high on Nifty, but then it comes back down. There are no very strong fundamentals to hold it there and sentiment is quite bearish." ....
KUALA LUMPUR: The ringgit traded higher against most major currencies except against the US dollar in the early session today as the greenback strengthened amid the higher-than-expected US inflation data, said an analyst. ....