Hello traders!

In the US tonight, the DJIA was up 305.45 points at 9,625.28, while the S&P500
was ahead 39.45 points at 1,005.75 and the Nasdaq Composite 53.79 points
better at 1,780.12.

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

Barack Obama appears to have defeated John McCain in Ohio, one of the single most important states in the US election and the battleground that has correctly predicted the victorious candidate since 1964.
Obama wins Ohio, White House in sight

Morgan Stanley strategist Teun Draaisma - who called the bear market correctly - has now turned into a full out bull.
Morgan Stanley calls an end to bear market

The US Treasury is considering whether to widen the remit of its $700bn bail-out fund to invest in financial companies other than banks and insurers.
US may widen bail-out remit beyond banks

Hedge funds and banks are expected to bear the brunt of derivative losses estimated at $15bn (9.4bn) linked to the collapse of Iceland's three major banks - Landsbanki, Glitnir and Kaupthing - which failed in rapid succession last month.
Hedge funds count the cost of trading losses

Pressure was mounting on the Bank of England last night to deliver an unprecedented cut in interest rates tomorrow as a rush of figures showed the economy heading deeper into recession.
Bank of England comes under pressure to slash interest rates

Bank customers could be given the protection of the main City watchdog in a move that would sweep away decades of voluntary regulation covering savings and current accounts. The Financial Services Authority said yesterday it was considering major reforms to the banking code and statutory rules for the industry.
Watchdog muscles in on high street accounts

Oil prices dipped below $60 a barrel to 20-month lows yesterday, before rebounding sharply on confirmation that Saudi Arabia will cut production and as global stock markets rose on better-than-expected company results.
Oil price rallies as Saudi Arabia cuts production

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX

Good morning traders!

In Asia today, the Hang Seng ended the morning up 812.53 points at 15,196.87,
while the Nikkei was recently up 320.78 points at 9,425.17.

Happy trading!

G.

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