Hello traders!

In the US tonight, the Dow ended up 420.41 points at 12,392.66. The S&P 500
gained 54.10 points to 1,330.70, while the Nasdaq Composite added 91.25 points
at 2,268.26.

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

G.

Morning all. Market reports:

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

The Federal Reserve has cut interest rates by three-quarters of a point to their lowest level in more than three years as the central bank intensifies its fight against a deepening slowdown in the United States.
Rate cut by Fed prompts rally on Wall Street

The Federal Reserve's cautious 75 basis point cut in interest rates cut is both a sign of confidence and of concern about the threat of inflation, experts said last night as they digested the US central bank's interest rate decision.
Fed's rate cut sends a mixed message

As 'Helicopter Ben' Bernanke continues pouring dollars into the US system, David Litterick asks if he risks running out of ammo.
All aboard the Federal Reserve cash express

The Bank of England's latest special auction of three-month funding received the biggest demand yet as banks lined up for a liquidity injection amid panicky financial markets.
Scramble for funds as Bank of England auctions 10bn

The Bank of England is in an uncomfortable dilemma over whether to cut interest rates after figures showed that inflation is at its highest level since last May.
Bank's rate-cut dilemma as inflation rises

Soaring household energy bills sparked another sharp jump in inflation last month, worsening the Bank of Englands quandary over how to respond to conflicting pressures from rising price pressures and faltering growth.
Household energy bills forcing up inflation

The warning comes after several big insurers closed commercial property investment funds to withdrawals to prevent panicking small investors trying to pull out money.
Commercial property prices could fall by a further 15% after 'unprecedented' drop ends 14-year boom

The era of cut price mortgages is over, senior Treasury officials have said, as consumers were warned that the financial crisis will affect Britain for at least another year.
Financial crisis 'to last until 2009'

Investment banks Goldman Sachs and Lehman Brothers moved to calm fears of a systemic collapse in the banking system despite both taking write-downs of up to $2bn (990m) and reporting 50pc-plus falls in first-quarter profits.
Lehman and Goldman move to calm fears about liquidity

Wall Street expects Bear Stearns to fetch a higher price than the $236 million (116 million) takeover it agreed with JPMorgan over the weekend, prompting shares in the ailing US securities firm to soar yesterday.
Bear Stearns soars on hopes of better deal

Chinese banks have been ordered to set aside record levels of reserves after Wen Jiabao, the Prime Minister, admitted that he was deeply worried by the prospect of the US sub-prime meltdown spreading around the world.
China braced for US sub-prime backlash

The futures markets seem to be saying there is a strong likelihood that demand for oil will remain high for years to come.
The $100 barrel of crude oil is here to stay

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Hang Seng ended the morning up 584.58 points at 21,969.19,
while the Nikkei was up 296.28 points at 12,260.44 in late trading.

New York's main oil contract, light sweet crude for April delivery, dropped $1.06
to $108.36 a barrel, down from $109.42 Tuesday at the close of US trades.

Happy trading!

G.

OUTLOOK Next FY pretax profit seen up 4 pct but focus on current yearOUTLOOK Imperial Tobacco rights issue, German sales focus for trading statementOUTLOOK Kesa Electricals FY pretax profit seen flatTFN UK calendar and forecasts for todayAustralian shares close sharply higher as financial stocks soar - UPDATEThe Wednesday Press Roundup

*SMITHS FOCUS ON MARGIN IMPROVEMENT, TOP LINE GROWTH

*KESA TO FOCUS ON MARGIN OPTIMISATION AND COST CONTROL*ICAP SAYS REMAINS POSITIVE ABOUT OUTLOOK FOR THE BUSINESSLondon shares outlook - higher after US rally as Fed cuts rate, BoE minutes

BROKERWATCH BG Group upped to 'hold' from 'sell' at ING, target 1,268 pence

BROKERWATCH William Hill to 'overweight', Ladbrokes to 'neutral' at JP MorganThomson Financial UK at a glance share guide

BROKERWATCH AstraZeneca upped to 'overweight' vs 'neutral' at HSBC, tgt 2,100p

STOCKWATCH - China Mobile extends gains after better-than-expected 2007 profit

BROKERWATCH British Energy reduced to 'sell' from 'hold' by Dresdner KleinwortBROKERWATCH BP downgraded to 'hold' from 'buy' at ING, target cut to 624 pence

BROKERWATCH Catlin cut to 'neutral' from 'buy' by Goldman Sachs; target 520p

UK smallcap opening - Sefton Resources up on drilling update

London shares open higher after NY rally; financials gain, ICAP rises

BROKERWATCH Smiths Group reiterated as 'neutral' by Merrill LynchUK smallcap opening - Network Technology rises on Toshiba alliance

STOCKWATCH ICAP top riser, Merrill Lynch keeps 'neutral'

BROKERWATCH HBOS started as 'hold', Lloyds TSB as 'buy' by SG Securities

STOCKWATCH Next tumbles after trading caution; Landsbanki to review estimates

UK smallcap opening - ITM Power edges up on chairman's share buying

STOCKWATCH Hungary's MOL tracks market as Pakistan gas discovery seen small

UK smallcap opening - DTZ falls on FY profits warning

London shares open lower; financials down on ongoing liquidity rumours UPDATE

STOCKWATCH Fortis recovering after dip as peer HBOS denies liquidity problemsSTOCKWATCH HBOS dives on liquiduty concerns but analysts say risks overdoneUK small caps open sharply higher; Sefton Resources firm on drilling success

Metals - Copper up as stocks fall; Fed cut ups sentiment but volatility expectedMetals - Gold trades below 1,000 usd following Fed rate cut

STOCKWATCH Hypo Real Estate lower on pressure from hedge funds, HBOS rumours

WALL STREET OUTLOOK Lower open seen on profit-taking, doubts on rate-cut impact

STOCKWATCH Kesa Electricals drops on slowing sales; Landsbanki stays 'reduce'STOCKWATCH European semiconductor stocks decline on Sony Ericsson profit warning

Metals - Gold trades below 1,000 usd following Fed rate cut UPDATE

STOCKWATCH Next stays down on tough outlook; Panmure Gordon stays 'sell' UPDATELondon shares - mid-morning features

STOCKWATCH Anglo American higher as Deutsche Bank ups tgt to 3,800p, 'buy' keptSTOCKWATCH - China Mobile closes up nearly 3 pct after 2007 results

STOCKWATCH European banking stocks fall; talk of HBOS liquidity issues weigh

STOCKWATCH Iberia soars after BA ups stake, mulls raising it furtherMetals - Copper steady on stock fall, Fed cut; more volatility expected UPDATE

UK small caps stay higher near midday; Sefton Resources strong on drilling boost

London shares - midday features

Midday Market Roundup

STOCKWATCH Iberia soars after BA ups stake, mulls raising it further UPDATE

One for the "UPS"

"UPS" (Added by Master RSI on Wed 19 Mar 10:33 am)

JSP - Mid 6.98p
Reason - Yesterday's chart was signaling a posible double bottom on the chart, and the buy/sells were leveling, today a large buyer is entering the market and share price apreciating slowly, update of how the company is doing is expected soon

JSP 6.90 - 7.06p

Double bottom chart yesterday

Metals - Copper falls as risk aversion, volatility outweigh low stocks

RPT Precious Metals Summary - London AM Fixings

Metals - Gold drops 5 pct as US rate cut decision triggers correction

London shares - midafternoon features

Precious Metals Summary - London PM Fixings

JSP 7.60 - 7.65p +0.625p

This morning selection of the stock at "UPS" is doing well
And more to come it seems, plenty of "AT" trades taking the offer out and now in a narrow spread

TFN economic and business calendar to Wednesday April 2

End-of-day Market Roundup

UK small caps close slightly lower; Hogg Robinson down ahead of results

Precious Metals Summary - London Close