Hello traders!

In the US tonight, the Dow was up 57.88 points at 13,363.35, while the S&P500
rose 6.25 points to 1,478.54 and the Nasdaq Composite gained 8.37 points at
2,614.32.

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

G.

Morning all. Market reports:

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

The Bank of England gave a clear signal to the battered credit markets that it will intervene to prevent contagion in the wider economy by taking the unusual step of making a statement after leaving interest rates unchanged at 5.75pc yesterday.

BoE leaves rates on hold and vows to stop contagion

Barclays is offering to underwrite the $1 billion rescue of another highly geared fund that got into trouble because of the liquidity squeeze.

Mainsail II, a $4.5 billion (2.2 billion) structured investment vehicle designed by Barclays Capital and managed by the hedge fund group Solent Capital, had been forced to start selling assets as it struggled to roll over finance in the commercial paper market.

BarCap steps in again with $1bn bailout of SIV fund

The worlds leading central banks made their largest injection of funds into the banking system since early August yesterday, as the Bank of England gave warning that it was too soon to tell how much damage the credit squeeze could do to the real economy.

Central banks inject yet more liquidity

Carlyle, the US private equity giant, yesterday closed a 5.3 billion euro fund for new buyouts, as investors shrugged off sub-prime losses in the group's Dutch listed subsidiary.

Carlyle said the new fund Carlyle Europe Partners III, would be used to buy companies in its traditional sectors of aerospace, automotive, energy and power, telecoms and media, among others.

Equity giant closes fund for new buyouts

High oil prices are here to stay, according to Total, the French oil multinational, which has raised its forecast value of a barrel of crude from $40 to $60 as it predicts continuing strong demand for oil, rising costs and political constraints on production.

Price of oil will continue to rise, says Total chief

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

TFN economic and business calendarThomson Financial Europe AM at a glance share guide: Stocks mixed, oil gains

Good morning traders!

In Asia today, the Hang Seng was recently down 97.97 points at 23,952.43, while
the Nikkei was last off 225.26 points at 16,031.74.

Crude oil for October delivery added as much as 19 cents to $76.49 a barrel, after
closing 57 cents higher at $76.30 a barrel on the New York Mercantile Exchange.

Happy Friday!

G.

TFN UK calendar and forecasts for today

London shares outlook - flat, as Wall Street edges higher after unsettled start

The Friday Press Roundup

BROKERWATCH Sage upgraded to 'buy' from 'neutral' at UBS, target 285p vs 265pThomson Financial UK at a glance share guide

Tokyo shares close lower on caution ahead of US jobs data

BROKERWATCH BHP Billiton upgraded to 'buy' from 'hold' at Deutsche SecuritiesAustralian shares close higher in light trade, led by miners

UK smallcap opening - Comland doubles on 950p-a-share bid talks

Australian shares close higher in light trade, led by miners - UPDATE

HSBC Trinkaus Would Consider Buying IKB, Chief Schmitz Says

UK smallcap opening - MedOil rises on agreed Cairn bid

STOCKWATCH Cairn Energy higher after acquisition spree; KBC Peel repeats 'hold'UK smallcap opening - Ragusa Capital resumes on AIM after acquisition

UK smallcap opening - Inspired Gaming up as bid talks confirmedLondon shares open lower after choppy trading on Wall StreetTokyo shares close lower on caution ahead of US jobs data - UPDATE

UK smallcap opening - Global Brands higher as H1 losses narrow

UK smallcap opening - Arena Leisure up on Wolverhampton development go-ahead

UK smallcap opening - Star Energy lifted by in-line interims