Morning all. Friday's market reports:

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

Saturday

World oil prices jumped to a fresh record of almost $128 a barrel today on the back of a weaker dollar, fears over a shortage of diesel and a bullish price prediction from Goldman Sachs.
Oil hits new record

Barclays Wealth has advised clients to jump back into stock markets across the world, believing the danger of a severe downturn has receded after the dramatic rescue moves by central banks.
Barclays scents victory against credit crisis

Barclays Wealth has advised clients to jump back into stock markets across the world, believing the danger of a severe downturn has receded after the dramatic rescue moves by central banks.
Barclays gets bullish over American shares

One of Britain's largest estate agents has fallen victim to the slowdown in the housing market, prompting fears for thousands of jobs around the country. Shares trading was suspended in Humberts, which has 80 branches from Central London to Hampshire, amid doubts about its viability.
Top estate agents firm close to collapse after credit crunch

The central banks of Norway, Sweden and Denmark have joined forces in a stunning move to rescue Iceland, offering a credit line of 1.5bn (1.2bn) to beat back speculators and shore up the battered krona.
Scandinavians unite to end Iceland's financial chaos

Rice prices nosedived today as Japan moved closer to unlocking its massive hidden surplus and bullish supply forecasts routed speculators.
Rice price dives as US and Japan set to unlock grain pact

Sunday

Some of Europes biggest financial institutions, including Lloyds TSB and HBOS, have raised 10 billion (7.9 billion) in the debt markets in the past few days. It is the biggest rush to issue bonds since the credit crisis took hold last summer.
Europes biggest financial institutions in 8 billion rush for debt

The Government is staring at a corporation tax black hole of more than 10bn a year, as the pensions crisis ravages companies' balance sheets, a leading investment authority has warned.
Treasury reels from 10bn tax black hole

Victims of South Africa's apartheid regime have won the right to seek compensation from some of the world's largest companies following a landmark decision in the New York Supreme Court last week.
Multinationals face damages claim from victims of apartheid

Commercial property will have lost nearly one-third of its value between the start of the credit crunch and the end of this year, leading industry figures have warned.
Commercial market heading for 30% slump, warn property gurus

Debt advice agencies are being swamped by demands for help from a new type of customer - the cash-strapped middle income family.
Epidemic of debt spreads to Britain's middle class

Monday

The biggest threat facing the economy is not inflation but deflation, according to a new report that raises doubts that interest rates will be left on hold for the next two years. Experts at Dresdner Kleinwort warn that the Bank of England and other central banks may be putting too much focus on the risk of high inflation, and ignoring the likelihood that prices start to tumble after a year.
UK economy facing 'vile' years afer Mervyn King's 'nice' decade

The government's attempts to reassure the public and financial markets that it was steering a steady path through difficult economic times suffered a setback yesterday after it emerged that a senior figure from the Bank of England's interest rate-setting committee had resigned.
Deputy governor quits

Insurers have feared for months that sales of insurance bonds would fall following changes in the Budget to scrap 10pc taper relief and introduce an 18pc flat rate of CGT. This move made insurance bonds less tax-efficient than unit trusts.
Bond market may suffer fall of 20bn after CGT changes

Two Opec oil ministers have dismissed calls for an emergency meeting before September, dampening hopes that members of the cartel will follow Saudi Arabia's lead and increase production.
Iran and Qatar dampen hopes of lower oil prices

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Hang Seng was up 184.79 points at 25,803.65 at the midpoint,
while the Nikkeiwas recently up 52.05 points at 14,271.53.

New York's main oil futures contract, light sweet crude for June delivery, rose 62
cents to $126.91 per barrel.

Happy trading!

G.

OUTLOOK - UK companies results for 2 weeks to May 30Thomson Financial UK at a glance share guide - weekendTFN UK calendar and forecasts for todayThomson Financial Europe AM at a glance share guide: Stocks mixed, oil risesTFN economic and business calendar to Friday May 30

First Day of Dealings on Main

London shares outlook - higher after gains in Asia; NY ends mixed Friday

BROKERWATCH BSkyB upped to 'buy' from 'hold' at Deutsche BankThe Monday Press Roundup

BROKERWATCH Anglo American & Vedanta Resources upped to 'buy' at CitigroupBROKERWATCH British Airways downgraded to 'sell' from 'buy' at Deutsche BankThomson Financial UK at a glance share guide

BROKERWATCH Sainsbury cut to 'sell' from 'hold' at ING; target 340p from 420

Australian shares close higher, profit-taking pares strong early gains

BROKERWATCH British Airways downgraded to 'sell' from 'hold' at ABN AmroTokyo shares close higher on bargain-hunting; commodity stocks lead gains

UK smallcap opening - Pantheon Resources up on positive drilling update

UK smallcap opening - Ocean Power Tech gains as signs JV with Griffin Energy

BROKERWATCH four housebuilders' ratings changed in Goldman Sachs sector reviewUK smallcap opening - Litho Supplies hit on slight fall in core litho sales

UK smallcap opening - 2 Ergo Group falls on first half numbers updateUK smallcap opening - GCM Resources tops risers on preliminary offer newsLondon shares open higher after gains in Asia; NY ends mixed FridayAustralian shares close higher, profit-taking pares strong early gains - UPDATE

STOCKWATCH Ipsen says FDA accepts Reloxin aesthetics filing

RPT STOCKWATCH Ipsen higher as says FDA accepts Reloxin aesthetics filing

BROKERWATCH Tate & Lyle upped to 'hold' vs 'sell' by Panmure Gordon on valuationTokyo shares close higher on bargain-hunting; commodity stocks lead gains UPDATE

BROKERWATCH Dunelm initiated as 'neutral' at JP Morgan, 180 pence price targetLondon shares open higher after gains in Asia; NY ends mixed Friday UPDATE

UK small caps open higher; GCM Resources soars on Polo Resources bid offer

Metals - Gold rises as new high in oil fuels inflation fears, dollar eases

STOCKWATCH Bradford & Bingley sharply lower on bad debt worries

Metals - Gold up as new high in oil fuels inflation fears, dollar eases UPDATE

Metals - Copper falls following large rise in inventories

London shares - midmorning features

STOCKWATCH Wolseley slips as Merrill Lynch cuts to 'sell' from 'neutral'

STOCKWATCH Bradford & Bingley sharply lower on bad debt worries UPDATEWALL STREET OUTLOOK Lower open seen; Yahoo in focus on revived Microsoft talks

Metals - Copper falls following large rise in inventories UPDATE

STOCKWATCH Zentiva jumps on forecast-beating Q1 earnings

Midday Market Roundup

London shares - midday features

UK small caps up at midday; Independent Int'l soars on LSE agreement

STOCKWATCH Friends Provident higher; UBS establishes short-term buy

Precious Metals Summary - London AM Fixings

STOCKWATCH VastNed O/I off after weak Q1

OUTLOOK British Land investors hoping for more upbeat tone

OUTLOOK Icap FY profit seen 27 percent higher

UPS (Added by Master RSI on Mon 19 May 02:23 pm)

CNR - Mid 1.875p
Reason - Large buying for the last couple days, with online size down to 10K. Said recently it has found high-grade zones of gold mineralisation news expected soon of Nueva Segovia project area in the north of Nicaragua



trades at ... plus market

Metals - Gold prices firm as rising oil price fuels inflation fears

CNR

The online prices below gives a good idea of everything
bidding Middle price on size of 500K
offering only 10K at full price

Conclution, MM games on the L2

price 1.75/ 2p
online prices
Bid Price BPC 1.875
Maximum Size* 500,000

Offer Price BPC 2.00
Maximum Size* 10,000

OUTLOOK Mitchells & Butlers to announce outcome of strategic review UPDATE

BROKERWATCH Royal Dutch Shell price target upped to 2,700p by Deutsche BankLondon shares - midafternoon features

OUTLOOK Yell FY to focus on debt concerns, lower guidance

Precious Metals Summary - London PM Fixings

TFN economic and business calendar to Monday June 2Metals - Copper falls on higher inventories; dollar rebound pressures prices

End-of-day Market Roundup

UK small caps close higher; Independent International soars on LSE contract

Precious Metals Summary - London Close