Hello traders!

In the US tonight, near session lows, the Dow Jones Industrial Average was off
282.11 points at 8,732.99, while the S&P500 dropped 30.89 points to 903.81 and
the Nasdaq Composite fell 43.76 points to 1,608.62.

Crude oil for February delivery lost $5.95 to close at $42.63 a barrel on the New
York Mercantile Exchange, the biggest daily percentage loss since September 24th,
2001.

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

G.

Good morning traders!

In Asia today, the Nikkei fell 362.82 points to 8,876.42, while the Hang Seng was
recently down 548.85 points at 14,438.61.

Crude oil was 11 cents higher at $42.74 a barrel on Globex.

Happy trading!

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 is today expected to cut interest rates to their lowest level in more than 300 years as the bank steps up its efforts to avert a long and painful reces
Bank of England expected to slash interest rates to 1.5pc

As interest rates appear certain to fall to an historic low today, the Chancellor and Mervyn King, the Governor of the Bank of England, are looking at expanding the money supply by billions and using the extra cash to buy assets ranging from government or commercial debt to private equities.
Chancellor set to print more cash as interest rates hit record low

Britains top City regulator is examining whether to extend disclosure of short-selling to all 3,489 companies publicly traded in the UK
FSA could extend rule on short-selling disclosure to all public companies

Fitch Ratings has warned that Britain's public debt will explode to almost 70pc of GDP by the end of next year, vaulting past Germany to become one of the most heavily-indebted states in the industrial world.
Bond scare as German auction fails and British debt hits danger level

Hopes of big cuts in household energy bills faded yesterday as traders drove up UK prices by exporting gas to fill a growing shortage across Europe.
Russian gas crisis to keep bills high as firms divert UK stocks

Porn baron Larry Flynt is seeking a $5 billion bailout from Washington to rejuvenate the industry, which he says is suffering because of the economic downturn.
US porn industry seeks multi-billion dollar bailout

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX

End-of-day Market Overview