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Market summary

Jul 23 - Markets closed

World markets

Shanghai 2,095.85 +17.36 (0.84%)
S&P 500 1,987.01 +3.48 (0.18%)
Nikkei 225 15,295.81 -32.75 (-0.21%)
Hang Seng Index 24,065.29 +93.42 (0.39%)
TSEC 9,490.33 -9.03 (-0.10%)
EURO STOXX 50 3,193.13 +3.91 (0.12%)
CAC 40 4,376.32 +6.80 (0.16%)
S&P TSX 15,394.38 +79.25 (0.52%)
S&P/ASX 200 5,580.90 +4.20 (0.08%)
BSE Sensex 26,123.21 -24.12 (-0.09%)
TA25 1,396.47 -1.55 (-0.11%)
KOSPI 2,025.11 -3.21 (-0.16%)
SMI 8,605.10 +10.89 (0.13%)
ATX 2,376.60
IBOVESPA 57,419.96 -563.36 (-0.97%)
SET 1,542.81 +1.25 (0.08%)
BIST100 82,854.62 +324.09 (0.39%)
IBEX 10,659.10 +10.20 (0.10%)
WIG 51,540.81 -126.79 (-0.25%)
TASI 10,162.73
MERVAL 6,773.01 -169.81 (-2.45%)

Currencies

GBP/USD 1.7034 -0.0006 (-0.04%)
GBP/EUR 1.2655 -0.0001 (-0.01%)
GBP/JPY 172.9000 -0.1700 (-0.10%)
GBP/HKD 13.2022 -0.0043 (-0.03%)
GBP/CNY 10.5525 -0.0097 (-0.09%)
GBP/AUD 1.8016 -0.0031 (-0.17%)
Bank's mixed messages on rates prompt criticism
CITY economists clashed with Mark Carney yesterday, challenging the Bank of England governor's insistence that �clear guidance� is being provided on when interest rates will finally begin to rise.
MORNING MEETING: Mark Carney's big idea for the Bank of England  
Interest rate held but MPC hints of rise soon  
Market Chart
6,798.15 +2.81 (0.04%)
15,725.96 +75.23 (0.48%)
3,623.20 +4.01 (0.11%)
3,311.92 +16.96 (0.51%)

Top stories

A referendum in Scotland in September could see the country break away from the UK, but would that mean more work for law firms? Anthony Harrington reports.
This week's news that Tesco is dumping CEO Philip Clarke - just days before he was to celebrate his 40th anniversary at the group - leaves me with mixed emotions.
Mark Zuckerberg is thinking a lot about messaging. If the $19 billion purchase of WhatsApp wasn't enough proof, the Facebook chief executive officer spent a hefty chunk of today's earnings call talking about the opportunity in mobile communication.
... * China July factory activity hits 18-month high. * New orders and output surge. * Adds to signs of pick up in the economy after stimulus measures.
GlaxoSmithKline slashed its growth forecasts and stopped a billion-pound plus share buyback yesterday as its chief executive, Sir Andrew Witty, said he remained �concerned� about allegations that it bribed doctors in China to prescribe its drugs.

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