Hello traders!

In the US tonight, the Dow was up 180.54 points at 13,308.39, while the S&P500
gained 19.79 points at 1,471.49 and the Nasdaq Composite was ahead 38.36
points at 2,597.47.

See you in the morning with the latest....

G.

Morning all. Market reports:

Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money

Lenders are raising rates for businesses and personal borrowers as the credit crunch shows clear signs of spreading to the wider UK economy.

Interest rates rise as credit crisis hits British borrowers

The first evidence that banks are beginning to pass on soaring market interest rates to consumers emerged yesterday as figures released by the Bank of England showed that mortgage borrowing costs for households jumped last month.

Banks pass on rising costs to mortgage borrowers

Barclays Capital has thrown a $1.5 billion (738 million) lifeline to a third, controversial, highly geared fund that ran into trouble because of the global liquidity squeeze. Golden Key, which has $5 billion of assets under management, is a structured investment vehicle (SIV) that was designed by Barclays Capital and managed by the Geneva-based asset management group Avendis.

Squeeze-hit Golden Key gets a $1.5bn helping hand from BarCap

Federal Reserve chairman Ben Bernanke failed to dim investor expectations of a cut in interest rates, leading to a triple-point surge in the leading Dow Jones Industrial Average.

Fed chairman Bernanke keeps up guard on rates as Dow surges

Chinese inflation rose at its fastest pace in 11 years last month, giving the Government the headache of how to cool the worlds fastest-growing major economy without killing the worlds best-performing stock market.

Rising food prices fuel Chinese inflation

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

OUTLOOK ITV's Grade to lift programming budget in strategy reviewOUTLOOK Home Retail's Argos Q2 sales growth seen accelerating modestly

Thomson Financial Europe AM at a glance share guide: Shares, oil rise

STOCKWATCH - Hutchison Whampoa surges on report it is eyeing Italy 3G unit saleTFN economic and business calendar

TOKYO, Japan (AP) -- Japanese Prime Minister Shinzo Abe, whose year-old government has suffered a string of damaging scandals and a humiliating electoral defeat, has told ruling party leaders he intends to resign, news reports said Wednesday.

Reports: Abe says he wants to quit

Good morning traders!

In Asia today, the Hang Seng was up 224.15 points at 24,176.39, while the Nikkei
slumped 146.03 points to 15,731.64 following news that the Japanese Prime
Minister, Abe, has resigned.

Crude oil for October delivery added three cents at $78.26 a barrel Wednesday,
after closing at a record $78.23 a barrel on the New York Mercantile Exchange
Tuesday.

Happy trading!

G.

TFN UK calendar and forecasts for today

London shares outlook - Easier; pause for breath after strong gains yesterday

The Wednesday Press Roundup

BROKERWATCH Citigroup cautious in review of advertising agenciesThomson Financial UK at a glance share guide

BROKERWATCH British Energy upped to 'equal-weight' by Morgan Stanley

UK smallcap opening - Pan Andean rises on positive drilling report

Tokyo shares close lower after Prime Minister Abe resigns

UK smallcap opening - Kefi Minerals up on gold discovery at Artvin project

STOCKWATCH Home Retail Group up post Q2; Seymour Pierce repeats 'underperform'

STOCKWATCH ITV down, post mixed strategy review; UBS keep 'sell', tgt 100pAustralian shares close lower on concerns over US economy, financial marketsUK smallcap opening - Communisis climbs on recovery hopes; interims

Good morning all

Yesterday's "UPS" is on the move

GGG 11.25 -11.50p +0.875p
Rumour of a large buyer in the market looking to buy 2.5million
The Rumour can be a bit of a true thing, as the marked up is going on.
Other true comments are the MMs are phoning clients with stakes asking for stock

Tokyo shares close lower after Prime Minister Abe resigns - UPDATEUK smallcap opening - Costain runs back as cash call move confirmed

Australian shares close lower on uncertainty about global markets - UPDATE

Posted on yesterday's thread - must have been half asleep. Anyway, have re-opened FTSE shorts @ 6265, 6275 and now 6285 ...... looking for 6180ish - but might bottle it before then - or blow it if it goes beyond 6300. Stops in @ 6315.

UK smallcap opening - Michelmersh Brick higher on swing to H1 profits

UK smallcap opening - Renovo firms on positive trial results

UK smallcap opening - DermaSalve moves ahead on Bounty Health agreement

STOCKWATCH Glaxo down over Avandia concerns; HSBC keeps 'neutral, 1,340p tgt

UK smallcap opening - Z Group lower on FY profits warning

Metals - Metals - LME inventory data (Tuesday)

BROKERWATCH BHP Billiton and Anglo American upped at Landsbanki, Rio Tinto cut

UK small caps open easier, with Z Group hit by FY profits warning

Metals - Gold near record highs as dollar hits new lows

STOCKWATCH Scottish & Newcastle down; Blue Oar initiates as 'sell'

Metals - Copper dips as strike threat eases, stocks rise

STOCKWATCH Next higher; upgraded to 'hold' vs 'sell' at Societe Generale

BROKERWATCH Rentokil Initial upped to 'neutral' at Credit Suisse, target 165p

London shares - mid-morning features

Metals - Copper dips as strike threat eases, stocks rise UPDATE

STOCKWATCH Cairn Energy downgraded to 'neutral' at Credit Suisse

WALL STREET OUTLOOK Lower on profit taking, TI update, dollar weakness

US futures weaken

UK small caps extend losses at midday; Z Group slides on profit warning

London shares - midday features

Precious Metals Summary - London AM Fixings

Midday Market Roundup

Metals - Gold hits fresh 16-month high on dollar weakness; high oil prices

Metals - Copper continues lower as investors take profits, strike threats ease

FOCUS Fortis share issue seen next week as bank awaits better market conditions

London shares - midafternoon features

Precious Metals Summary - London PM Fixings

TFN economic and business calendar to Wednesday Sept 26

End-of-day Market Roundup