Hello traders!

In the US tonight, the Dow was last up 44.06 points at 13,517.96, while the
S&P500 gained 1.85 points at 1,488.44 and the Nasdaq Composite was off 2.65
points at 2,668.49.

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's chief markets expert has said he and his international counterparts are attempting to protect Britain from a "vicious circle" in which the credit crisis causes a major economic slump.
Banks' $100bn rescue may not be enough

Experts issued a major warning to the UK on the possibility of inflation bubbling over in the economy after fresh figures showed that households' expectations for inflation have jumped to the highest level on record.
Fear of inflation at highest level on record

Investment bank Lehman Brothers continues to insulate itself from the worst of the sub-prime crisis, using hedging to cut its liabilities.
Hedging helps Lehman limit writedowns

Blackstone, the US private equity giant, emerged yesterday as the first major Wall Street buyer of the toxic debt that triggered this summer?s credit crisis. The group said it had just raised a $1.3 billion (£600 million) fund to invest in a range of debt securities including collateralised debt obligations (CDOs), bonds that are backed by mortgages.
Blackstone puts up $1.3bn to buy fallout from the credit crisis

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

OUTLOOK Partygaming set for 'solid' trading updateOUTLOOK Centrica to warn of New Year gas & electricity price rises - brokersTFN economic and business calendarThomson Financial Europe AM at a glance share guide: stocks, oil mixed

Good morning traders!

In Asia today, the Nikkei was recently down 22.01 points at 15,514.51, while the
Hang Seng reached the midpoint off 271.16 points at 27,473.29.

New York\'s main oil contract, light sweet crude for January delivery, was 32 cents
higher at $92.57 a barrel.

Happy Friday!

G.

TFN UK calendar and forecasts for today

BROKERWATCH HBOS downgraded to 'hold' vs 'buy' at Citigroup, target cut to 750pLondon shares outlook - higher, rallying from lows yesterday after Dow gains

Tokyo shares close lower after Tankan shows drop in business confidence - UPDATEThomson Financial UK at a glance share guide

CORRECTION Tokyo shares close lower after business confidence drops - UPDATE

First Day of Dealings

BROKERWATCH Mining sector downgraded to 'neutral' by Goldman SachsUK smallcap opening - Burst Media slides on FY profits warning

STOCKWATCH Centrica edged lower post update; remains 'hold' at Goldman Sachs

UK smallcap opening - Trakm8 runs back on swing to H1 lossesUK smallcap opening - Wolfson Micro drop as Goldman downgradesLondon shares open higher, rallying from lows yesterday after Dow gainsUK smallcap opening - Diamondtech off after production update

BROKERWATCH Rentokil upped to \'outperform\' by Exane; target price cut to 160pSTOCKWATCH Dermoestetica soars on talk 3i to announce bid at 10 eur/shrCORRECTION STOCKWATCH Centrica edged lower; kept \'neutral\' at Goldman SachsUK smallcap opening - Kiln up on agreed Tokio Marine bid

UK smallcap opening - Latitude Resources gains on swing to FY profit

BROKERWATCH Tatneft cut to 'sell' from 'buy' at UBS, target 3.97 usdRPT UK smallcap opening - Latitude Resources gains on swing to FY profit

BROKERWATCH TNK-BP cut to \'neutral\' from \'buy\' at UBS, target 2.44 usd

BROKERWATCH Rentokil upped to 'buy' from 'add' at Evolution Securities UPDATEUK small caps open higher; Kiln jumps on agreed Tokio Marine bidLondon shares open higher, rallying from lows yesterday after Dow gains UPDATE

STOCKWATCH Xchanging higher as sees in-line FY; Panmure Gordon stays 'buy'Metals - Gold prices stabilise near 800 usd after falling on firmer dollar

STOCKWATCH Peter Hambro lower following JORC resource statement