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Traders Thread - Friday 10th October     

Greystone - 09 Oct 2008 16:57

Kyoto - 10 Oct 2008 06:38 - 2 of 26

Morning all. Market reports:

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

US stocks have suffered their biggest one day decline in over 20 years as fears grew that central bank moves to rescue ailing financial markets would prove insufficient to avert a global recession.
Dow Jones suffers biggest decline in 20 years

Leading this evenings rout was GM. Shares in the car maker plunged $2.15, or 31 percent, to a 58-year low of $4.76 after S&P dropped this bombshell: GM running out of cash.
American automakers GM and Ford fight for survival

Finance ministers and central bank governors from around the world gather in Washington today to consider further steps to avert global financial meltdown as the US Treasury draws up plans to shore up American banks with direct cash injections.
International crisis meeting as Dow Jones plummets below 9,000

Europe's credit markets have continued to seize up on mounting fears that the region's banks may fail to roll over $700bn (405bn) debt falling due in coming months.
Extreme leverage haunts Europe's banks as rollover crunch looms

The International Monetary Fund has "opened the firehouse doors" to "hundreds of billions of dollars" of emergency cash to help countries battle the financial crisis.
IMF opens doors to emergency loans

Yamato Life Insurance Co., a 98- year-old Japanese insurer, filed for court protection from creditors in the nation's first bankruptcy in the industry in seven years, with debts exceeding assets by 11.5 billion yen ($116 million).
Yamato Life Files for Bankruptcy, Citing Investments

Relations between Alistair Darling's Treasury and the Bank, under Mervyn King, its Governor, have been fractious since the crisis erupted last autumn. Just as the crisis reaches its most dangerous phase, official exasperation with Mr King appears to have reached new heights.
Tension rises between Bank of England and Treasury

Bailiffs have visited at least a dozen stores belonging to JJB Sports after landlords reported unpaid rents at the beleaguered sports retailer.
Bailiffs visit JJB stores over unpaid rents

An American police chief has ordered his officers to stop evicting people from foreclosed properties, after he railed against the injustice of the housing crisis.
US police chief stops officers from evicting residents from foreclosures

Kyoto - 10 Oct 2008 06:47 - 3 of 26

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
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VIX
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Kyoto - 10 Oct 2008 07:24 - 4 of 26

PRESS DIGEST - Wall Street Journal - Oct 10

Kyoto - 10 Oct 2008 08:03 - 5 of 26

PRESS DIGEST - New York Times business news - Oct 10

Snip - 10 Oct 2008 08:41 - 7 of 26

what is the volume like today?

Kyoto - 10 Oct 2008 09:49 - 13 of 26

STOCKS NEWS EUROPE-UK Small Caps fall 4.1 pct

Kyoto - 10 Oct 2008 09:59 - 15 of 26

STOCKS NEWS EUROPE-Daily Mail up; UBS raises target

dandu71 - 10 Oct 2008 12:19 - 18 of 26

Just as you think the market can`t get any lower it does! Can anyone advise what time does American stockmarket open, in UK time?

Kyoto - 10 Oct 2008 13:03 - 20 of 26

STOCKS NEWS EUROPE-Soco shares jump on approach

Kyoto - 10 Oct 2008 15:47 - 23 of 26

Precious Metals Summary - London PM Fixings
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