Hello traders!

In the US tonight, the Dow Jones Industrial Average slumped in the last 10 minutes
of trade, falling 203.18 points to 8,175.77. The S&P500 slipped 27.85 points to
848.92 and the Nasdaq Composite fell 46.13 points to 1,505.9.

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

G.

Good morning traders!

In Asia today, the Nikkei closed up 6.41% at 7,621.92, while the Hang Seng
ended the morning up 675.76 points at 11,691.6.

US light crude for December delivery fell 52 cents to $62.70 a barrel.

Happy trading!

G.

Morning all. Market reports:

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

One of Wall Street's leading economists has warned that North America faces a period of significant deflation next year on tops of its already sizeable economic challenges.
US faces deflation to compound its misery

Hedge Funds, Traders, Banks are tied to strict risk limits and as the volatility explode so does the Value-At-Risk models and traders have no choice but to liquidate positions in order to stay within their Value-At-Risk obligations.
Volatile Vix

The International Monetary Fund may soon lack the money to bail out an ever growing list of countries crumbling across Eastern Europe, Latin America, Africa, and parts of Asia, raising concerns that it will have to tap taxpayers in Western countries for a capital infusion or resort to the nuclear option of printing its own money.
IMF may need to "print money" as crisis spreads

The leaders of the G7 bloc of economic powers have issued a rare warning that the surge in the Japanese yen has reached "excessive" levels and poses a threat to the stability of the world financial system.
Yen surge stokes stability fears as 'Aussie' slides

Losses incurred by the world's major financial institutions on "toxic" assets hoovered up in the final boom years have hit $2,800bn (1,800bn), according to the Bank of England.
Toxic debt losses now 1,800bn, say Bank

The pound plummeted close to a six-year low yesterday. The currencys losses in recent months now mirror its demise after Black Monday in 1992, when John Major pulled Britain out of the exchange-rate mechanism and destroyed the Conservatives reputation for economic management.
Pound in free fall and traders say theres no way to stop the plunge

Sterling is continuing to weaken as investors avoid risky trades and pile into the dollar on a day that gold and oil prices are also falling.
Sterling, gold and oil prices all fall on another dramatic trading day

Costs are soaring as the industry moves into bigger and more complex projects. Resource-rich nations are becoming increasingly hostile, making the quoted companies quest for reserves more urgent. The sharply lower oil price will make life tough for inefficient producers.
Oil and gas deals starting to look attractive

Germany was gripped by share fever yesterday as the price of Volkswagen tripled at one stage after Porsche disclosed it was on its way to seize control of Europe's biggest motor vehicle manufacturer.
Volkswagen shares take flight

Taking the concept of excellent cornering to a new level, Porsche casually announced at the weekend that it had amassed a holding of 74.1 per cent in that other piece of German financial engineering, Volkswagen.
The disreputable market in Volkswagen

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX

The Tuesday Press Roundup

UK AT A GLANCE UK Stocks -- Factors to watch on Oct 28

STOCKS NEWS EUROPE-Futures point to stock bounce

STOCKS NEWS EUROPE-REpower seen up on preliminary H1 results

STOCKS NEWS EUROPE-Symrise seen down as company cuts outlook

STOCKS NEWS EUROPE-TomTom up 8 pct in relief rally

*STANDARD CHARTERED PLC - BEING SELECTIVE IN ASSET GROWTH FOCUSING ON KEY

STOCKS NEWS EUROPE-EADS, aerospace stocks firm

TFN NEWS BRIEFING: Pharmaceuticals and chemicals highlights to 09:10 GMTTFN NEWS BRIEFING: Aerospace and transportation highlights to 09:10 GMTTFN NEWS BRIEFING: TMT highlights to 09:10 GMT

TFN NEWS BRIEFING: Consumer and retailing highlights to 09:15 GMTTFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMTTFN NEWS BRIEFING: Oil and utilities highlights to 09:15 GMT

TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMT

TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 GMT

Midday Market Overview

Precious Metals Summary - London AM Fixings

STOCKS NEWS EUROPE-Aegon hits 16-yr low on EPS dilution concerns

Precious Metals Summary - London PM Fixings