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Market summary

4:03pm BST

World markets

Shanghai 2,895.70 +41.42 (1.45%)
S&P 500 1,995.21 -42.20 (-2.07%)
Nikkei 225 15,309.21 +357.19 (2.39%)
Hang Seng Index 20,227.30 -31.83 (-0.16%)
TSEC 8,458.87 -18.12 (-0.21%)
EURO STOXX 50 2,688.03 -88.06 (-3.17%)
CAC 40 3,969.23 -137.50 (-3.35%)
S&P TSX 13,668.45 -223.43 (-1.61%)
S&P/ASX 200 5,137.20 +24.00 (0.47%)
BSE Sensex 26,402.96 +5.25 (0.02%)
TA25 1,382.34 -4.86 (-0.35%)
SMI 7,618.80 -128.38 (-1.66%)
ATX 1,988.49 -95.73 (-4.59%)
IBOVESPA 49,095.22 -1,010.04 (-2.02%)
SET 1,424.31 +11.12 (0.79%)
BIST100 75,161.24 -204.76 (-0.27%)
IBEX 7,618.10 -169.60 (-2.18%)
WIG 44,078.81 -694.94 (-1.55%)
TASI 6,464.84 -13.76 (-0.21%)
MERVAL 13,430.11 -147.29 (-1.08%)
IPC 44,136.29 -749.53 (-1.67%)
IDX Composite 4,836.05 +1.48 (0.03%)

Currencies

GBP/USD 1.3157 -0.0268 (-1.99%)
GBP/EUR 1.1978 -0.0188 (-1.54%)
GBP/JPY 133.8661 -3.3106 (-2.41%)
GBP/HKD 10.2123 -0.2125 (-2.04%)
GBP/CNY 8.7509 -0.0934 (-1.06%)
GBP/AUD 1.7891 -0.0191 (-1.06%)
Osborne's reassurance should make us nervous
Hearing the chancellor say “I want to reassure the British people” brings to mind a joke by Ronald Reagan. The former US president claimed the most terrifying words in English were: “I'm from the government.
Pound Reaches New Low On Brexit Fears  
'Project Fear is over' says Johnson as Osborne admits emergency budget unlikely  
Market Chart
5,984.89 -153.80 (-2.51%)
15,003.55 -1,084.50 (-6.74%)
3,240.46 -108.12 (-3.23%)
3,593.61 -156.79 (-4.18%)

Top stories

There will be howls of rage, but why should extremists on both sides dictate how the story ends? James Ferguson Illustration. All good dramas involve the suspension of disbelief.
The pound sterling slipped further in trading in Asia on Monday (27 June), extending Friday's decline against the dollar to below $1.35 - levels last seen in 1985.
The UK accounting watchdog has launched an investigation into PwC's audit of BHS, the latest development in the fallout from the UK retailer's collapse.
US stocks started falling as soon as trading began on the first Monday after the Brexit vote. The Dow Jones Index slumped 148 points at the starting bell at 9.30am Eastern Time, then plummeted another 74 points within 10 minutes.
The OBR is likely to slash its revenue forecasts from the sale of Britain's rescued banks later this year, Sky News understands.

Trends

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