Hello traders!

In the US tonight, the DJIA was down 180.51 points at 11,479.39, while the
S&P500 was off 19.6 points at 1,278.6 and the Nasdaq Composite 35.54 points
lower at 2,416.98.

September crude closed 90 cents lower at $112.87 a barrel on the New York
Mercantile Exchange.

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

G.

Good morning traders!

In Asia today, at the midday break, the Nikkei was down 349.02 points at
12,816.43, while the Hang Seng shed 115.88 points to end the morning at
20,814.79.

US crude fell 82 cents to $112.05 a barrel.

Happy trading!

G.

Morning all. Market reports:

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

Share prices of Fannie Mae and Freddie Mac plunged Monday amid growing fears that the two largest providers of funding for U.S. home mortgages won't be able to avoid a government bailout. In 4 p.m. trading on the New York Stock Exchange, Freddie shares were down 25% to $4.39. Fannie stock dropped 22% to $6.15. Both stocks are down more than 90% from a year ago.
Fannie Mae, Freddie Mac Are Pounded

The US money supply has experienced the sharpest contraction in modern history, heightening the risk of a Wall Street crunch and a severe economic slowdown in coming months. Data compiled by Lombard Street Research shows that the M3 ''broad money" aggregates fell by almost $50bn (26.8bn) in July, the biggest one-month fall since modern records began in 1959.
Sharp US money supply contraction points to Wall Street crunch ahead

Residential investors will sell around two thirds of their properties in the face of falling prices, according to a new study by Skandia. It comes amid growing consternation about the state of the residential investment market, which some have likened to the sub-prime sector in the US.
Investors may pull 18bn out of buy-to-let properties

Record numbers of homeowners are letting out properties after failing to sell them in the worst housing market downturn for more than a decade, the Royal Institution of Chartered Surveyors (Rics) says today.
Property: Rental market flooded by frustrated sellers

The amount of foreign direct investment (FDI) in India for the first quarter of this financial year exceeded the total received in 2005/06, the country's Reserve Bank said. In further evidence of the expansion of the world's fastest-growing economy, data released by India's central bank showed that $10bn (5.4bn) of FDI was received in the first quarter of the fiscal year, which ran from April to June.
India is closing gap with China

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

London shares outlook - Lower after slides in New York, Asia; financials suffer

The Tuesday Press Roundup

BROKERWATCH Ladbrokes, William Hill both cut to 'underweight' at JP Morgan

Thomson Financial UK at a glance share guide

Tokyo shares close lower on financial worries; Nikkei hits 1-month low

BROKERWATCH Rentokil Initial started as 'overweight' by Morgan Stanley

Tokyo shares close lower on financial worries; Nikkei hits 1-month low - UPDATE

UK smallcap opening - Altona ticks up on CNOOC deal

BROKERWATCH DSG International upped to 'neutral', Next to 'buy' at Goldman Sachs

London shares open lower after slides in New York, Asia; banks suffer

UK smallcap opening - Beowulf Mining edges up on Ruoutevare drilling news

UK smallcap opening - FDM gains on 30.7 percent interim profits increase

STOCKWATCH Lonmin lower after Investec cuts to 'hold' from 'buy'

UK smallcap opening - Aurum Mining plunges on Andash production delay

UK smallcap opening - Ascribe climbs on confirmation of buy-out talks

London shares open lower after slides in New York, Asia; banks suffer UPDATE

UK small caps open lower; Aurum Mining hit by Andash production delay

STOCKWATCH HBOS falls with banks sector after U.S. sell-off, WestLB downgrade

BROKERWATCH BG Group, BP, Royal Dutch Shell started as 'buy' at Kaupthing

London shares - mid-morning features

STOCKWATCH Smith & Nephew higher; Zimmer bid speculation revives

London shares - midday features

UK small caps down at midday; Aurium Mining tumbles on production delays

Midday Market Roundup

Precious Metals Summary - London AM Fixings

London shares - midafternoon features

Precious Metals Summary - London PM Fixings

End-of-day Market Roundup