Hello traders!

In the US tonight, the DJIA was off 39.1 points at 13,403.42, while the S&P500
lost 7.6 points at 1,476.65 and the Nasdaq Composite fell 20.52 points to 2,581.66.

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

Shareholders in Britain's biggest banks lost 8bn yesterday as rumours swept the stock market that other high-street lenders could be forced to follow Northern Rock's call for a Bank of England bail-out.

More banks may need bail-outs as Northern Rock crisis affects Alliance & Leicester

Fears that the banking crisis is spreading to Alliance & Leicester, Bradford and Bingley, and other home lenders led to a sudden aversion to the pound, with options contracts now pointing to the likelihood of a sharp depreciation over coming months.

Panic on street means sterling plunges against euro and dollar as yen gets boost

The analyst credited with predicting the collapse of the United States sub-prime mortgage market warned yesterday that the Northern Rock crisis was "just the beginning" of Britain's exposure to the unwinding of the structured credit industry.

Housing market crisis for UK suggests Christopher Wood

The advice from the trader at Lehman Brothers was unequivocal: "One final tip. Load up on NRK [Northern Rock] for your children, your Mum, your goldfish... it is not going bust, gives an excellent yield, is cheap and is a realistic takeover target buy it now."

City gurus who cried 'buy' Northern Rock all the way down

Discount brokerage says tight credit will force it to leave businesses that don't deal directly with retail investors.

E-Trade slashes profit outlook

Iran threatened to fire long-range missiles at American targets in the Middle East yesterday as the war of words between Teheran and the West continued to escalate.

Iran threatens missile attacks on US targets

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Hang Seng was recently down 157.23 points at 24,442.11,
while the Nikkei was off 264.91 points at 15,862.51.

New York's main oil futures contract, light sweet crude for October delivery, rose
46 cents to $81.03 a barrel.

Happy trading!

G.

OUTLOOK Resolution H1 profit seen sharply higher on Abbey acquisitionOUTLOOK Debenhams to report continuing fall in underlying salesTFN economic and business calendarThomson Financial Europe AM at a glance share guide: Shares lower, oil soars

TFN UK calendar and forecasts for today

The Tuesday Press Roundup

BROKERWATCH Fortis cut to 'sell' from 'hold' at Societe Generale

London shares outlook - firmer, caution ahead of US FOMC rate decision

BROKERWATCH National Grid upped to 'buy' from 'hold' at Deutsche Bank

Thomson Financial UK at a glance share guide

Morning all.

BROKERWATCH SAP downgraded to 'sell' from 'hold' at Societe Generale

Tokyo shares close sharply lower on fresh credit market worries

BROKERWATCH Northern Rock cut to 'sell' at Goldman Sachs, slashes tgt to 296pAustralian shares close lower on uncertainty ahead of US Fed rate decision

BROKERWATCH Shire upgraded to 'buy' from 'neutral' at Goldman Sachs; tgt 1,375pBROKERWATCH WPP initiated a 'buy' at ING, target set at 800p

UK smallcap opening - Media Corp rises on directors' share buying

Australian shares close lower on uncertainty ahead of US rate decision - UPDATE

UK smallcap opening - Deuxmill Marine up after bumper interims

STOCKWATCH Fortis performs in line, analysts mixed on Dutch clearance of ABN bidTokyo shares close sharply lower on fresh credit market worries - UPDATERPT UK smallcap opening - Deuxmil Marine up after bumper interims

STOCKWATCH Alliance & Leicester jumps; upped to 'outperform' at CazenoveFTSE opens modestly higher

London shares open higher, financial stocks bounce after government guarantee

UK smallcap opening - Metrodome climbs on possible offer

Good morning all
One for the "UPS" .....

UPS (Added by Master RSI on Tue 18 Sep 08:32 am)

NRK - Mid 303p
Reason - Yesterday's UK governmentsaid it will guarantee all deposits, shares has fallen by 75% recently

UK smallcap opening - Celtic Resources higher on bid approach

UK smallcap opening - Finsbury Food ahead on 89 pct increase in FY profits

UK smallcap opening - Vyke runs back after interim losses

STOCKWATCH Resolution higher post H1; UBS repeats 'neutral' and 680p target

Metals - Gold steadies ahead of Fed rate meeting

Metals - LME inventory data (Tuesday)

UK small caps open higher with Deuxmil firm on bumper interims

BROKERWATCH Credit Suisse upbeat on telcos, sees outperformance in coming monthsBROKERWATCH Credit Suisse upbeat on telcos, sees outperformance in coming months

STOCKWATCH Venture Production up, off lows, remains on track to double business

Is anyone working on it?

PRICES at the STOCKWATCH are wrong on what it seems using yesterday's morning prices as references

Master RSI,

Yes this is being worked on all prices are correct i.e. mid bid offer, but the percentage change and points change are not as you correctly say.

Ian

Metals - Copper up on supply tightness but gains limited ahead of Fed meeting

STOCKWATCH Banks and lenders gain as savers seem reassured by govt guaranteeMetals - Copper up on supply tightness but gains limited ahead of Fed UPDATE

London shares - mid-morning features

STOCKWATCH Lonmin top FTSE 100 loser on strike woe; Credit Suisse cuts estimates

FOCUS Experian seeks to offset US sub-prime woes through diversification

STOCKWATCH Alliance & Leicester up; upgraded to 'buy' from 'hold' at DK

WALL STREET OUTLOOK Higher open seen on hopes of a Federal Reserve rate cut

US futures hold steadyLondon shares - midday features

Metals - Gold hits fresh 16 month high ahead of Fed meeting

UK small caps stay higher at midday; Playwize doubles value on Ladbrokes deal

Midday Market Roundup

Precious Metals Summary - London AM Fixings

WALL STREET OUTLOOK Higher open seen on Lehman bros,data; Fed awaited UPDATE

London shares - midafternoon features

        LUNCH TIME FUN

NRK 314.50p+32p

Has just jumped from 307p to 314p on no time at all, after breaking resistance of 308 /309p

Precious Metals Summary - London PM Fixings

TFN economic and business calendar to Tuesday Oct 2

Metals - Copper edges up as traders await Fed rate verdict

End-of-day Market Roundup