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Market summary

Jul 31 - Markets closed

World markets

Shanghai 3,606.20 -57.53 (-1.57%)
S&P 500 2,103.84 -4.79 (-0.23%)
Nikkei 225 20,480.81 -104.43 (-0.51%)
Hang Seng Index 24,432.25 -204.03 (-0.83%)
TSEC 8,507.26 -158.08 (-1.82%)
EURO STOXX 50 3,600.69 +16.90 (0.47%)
CAC 40 5,082.61
S&P TSX 14,468.73 +85.97 (0.60%)
S&P/ASX 200 5,675.00 -24.20 (-0.42%)
BSE Sensex 28,114.56 +409.21 (1.48%)
TA25 1,714.59 +1.98 (0.12%)
SMI 9,428.17 +30.48 (0.32%)
ATX 2,499.45
IBOVESPA 50,864.77 +967.37 (1.94%)
SET 1,440.12 0.00 (0.00%)
BIST100 79,909.68
IBEX 11,180.70 +12.10 (0.11%)
WIG 52,750.94 +739.13 (1.42%)
TASI 8,807.24 -291.03 (-3.20%)
MERVAL 10,333.08 -125.78 (-1.20%)

Currencies

GBP/USD 1.5622 0.0000 (0.00%)
GBP/EUR 1.4235 -0.0009 (-0.06%)
GBP/JPY 193.7440 -0.0470 (-0.02%)
GBP/HKD 12.1099 -0.0008 (-0.01%)
GBP/CNY 9.7074 -0.0052 (-0.05%)
GBP/AUD 2.1377 -0.0033 (-0.16%)
Can RBI policy fuel the market?
The only question today everyone in the market is asking themselves is what is that they aren't able to see which the Reserve Bank of India (RBI) governor is seeing which is restricting him from cutting interest rates.
After 3 cuts, RBI seen holding rates tomorrow; action likely by year-end  
MPC unlikely to cut key rate  
Market Chart
6,696.28 +27.41 (0.41%)
17,677.40 +156.40 (0.89%)
3,652.79 +17.51 (0.48%)
3,916.29 +31.59 (0.81%)

Top stories

A world-renowned US economist who was part of a secret “Plan B” team devised by Greece's former finance minister, has denied being involved in a “criminal gang” intent on bringing the drachma back to the country.
The former leader of the Conservative Party, Lord Howard of Lympne, is to be questioned by the Serious Fraud Office over the coming days in relation to a criminal investigation into an oil explorer where he is chairman.
Barclays Plc (BARC.L) is cutting about 150 staff from its investment bank as part of the British bank's attempt to cut costs and improve profitability in the business, a person familiar with the matter said.
Bank lending to businesses is set to rise this year for the first time since 2008, according to the EY Item Club. The lending measure peaked in 2008 at �575bn, but has withered each year since, said the economic forecasting group.
Athens: Attention will be focused on Greece's embattled banks on Monday when the Athens stock exchange reopens after a six-week shutdown over the country's debt crisis.

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