the reserve bank of india kept rates unchanged for the 8th straight time, promising to keep rates steady as long as necessary to revive growth. while the market may be up, it is important to know that the energy crunch is taking a toll as several north indian states have based electricity cuts due to a lack of coal, causing some anxiety over the economic recovery in australia, the ai sexes in the green not more than one and a half percent for the week. the financial sector did take a hit mid week after the nations banking regulator tightened restrictions and said further action could take place. however, they did recoup some of those losses towards the end of the week. mining stock finished out the week strong as commodity prices search. and in south africa, the all share is up for the week as energy prices rose and concerns about inflation continued the all share fell mid week. but as global sediment increase to close things out, the all share. some saw some gains of nearly 2 percent on thursday alone. something to keep an eye on in south africa, the nation's largest metal workers union

of 3.8 percent. now let's move to india where the centex is down by just under 2 percent for the week. on wednesday, the reserve bank of india said it will take steps to remove liquidity from the banking system, causing investors to worry. this may be pointing to movement in the monetary policy . this caused some of the biggest banks on the index to lose ground. morgan stanley also downgraded indian stock to equal weight from overweight as the index has seen massive gains in the last 18 months. in australia we have another red arrow with the assets dropping by more than one percent. retail sales in australia rose 1.3 percent in september compared to the month prior. meanwhile, the nation economy is expected to have contract it by roughly 3 percent in the quarter. ending in september, according to treasury secretary steven kennedy, who told the senate this while it is expecting a large jump in inflation. and in south africa, we have a green arrow for the all share mining makes up a big portion of this index in south africa. and mining related facts have jumped 20 percent this month as metal prices continue to arrive.