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The Traders Thread - Thursday 4th December (TRAD)     

Greystone - 03 Dec 2008 21:44

Greystone - 03 Dec 2008 21:44 - 2 of 36

Hello traders!

In the US tonight, the DJIA was up 172.6 points at 8,591.69 with the S&P500 up
21.93 points at 870.74 and the Nasdaq Composite ahead 42.58 points at 1,492.38.

Oil futures edged lower, with crude for January closing at $46.79 a barrel.

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

G.

Greystone - 04 Dec 2008 06:23 - 3 of 36

Good morning traders!

In Asia today, the Nikkei fell 79.86 points to 7,924.24, while the Hang Seng closed
the morning up 91.16 points at 13,679.82.

Happy trading!

G.

Kyoto - 04 Dec 2008 06:45 - 4 of 36

Morning all. Market reports:

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

The pound plunged yesterday, with its overall value tumbling to its lowest for 13 years, as another spate of dire economic news left markets convinced that the Bank of England will order a further, drastic cut in interest rates today.
Sterling tumbles to 13-year low as economys woes raise prospect of historic rate cut

Bank of America has warned that investors may start to shun the bonds of highly indebted European states as governments are forced to cover surging deficits and bank bail-outs with unprecedented borrowing next year.
Bank of America warns on Europe's surging debt

The US government is planning a major assault on the root cause of the current financial crisis, aiming to stem the fall in house prices by working to lower mortgage rates across the board.
US government tackles mortgage rates

China has begun to devalue the yuan for the first time in over a decade, raising fears that it will set off a 1930s-style race to the bottom and tip the global economy into an even deeper slump.
1930s beggar-thy-neighbour fears as China devalues

Russian oil company Sibir Energy has unveiled a $340m (230m) plan to buy hotels and distressed land projects off one of its key shareholders in a move described by some in the investment community as a "first-class scandal".
Russian oil giant Sibir's property deal dubbed a 'first-class scandal'

Kyoto - 04 Dec 2008 06:50 - 5 of 36

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
t?s=%5EN225t?s=%5EAXJOt?s=000001.SSt?s=%5EHSI
KOSPIVIX
t?s=%5EKS11t?s=%5EVIX

Kyoto - 04 Dec 2008 07:02 - 6 of 36

The Thursday Press Roundup

Kyoto - 04 Dec 2008 07:22 - 7 of 36

PRESS DIGEST - Russia - Dec 4

Kyoto - 04 Dec 2008 09:21 - 11 of 36

Glance-STOCKS NEWS EUROPE-UK Small Caps flat early

Greystone - 04 Dec 2008 12:29 - 28 of 36

Midday Market Overview

Greystone - 04 Dec 2008 16:56 - 36 of 36

End-of-day Market Overview
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