Hello traders!

In the US tonight, the DJIA was up 83.51 points at 9,154, while the S&P500 added
11.6 points at 986.75 and the Nasddaq Composite gained 16.54 points at 1,984.

Crude oil jumped $4 to $66.93 a barrel on Nymex.

See you in the morning with the next exciting episode.....

G.

Good morning traders!

In Asia today, the Nikkei was up 187.05 points at 10,352.26, while the Hang
Seng ended the morning up 358.64 points at 20,592.72.

Crude oil traded at $67.52 a barrel on Nymex.

Happy Friday!

G.

Morning all. Market reports:

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

City traders are keen to see gains continue past the pre-Lehman Brothers bankruptcy mark of 4700, but regulators in Britain and the US look to crack down on underhand speculator tactics.
Buoyant markets lead to renewed fears of commodity speculation

UBSs decision to suspend purchases of its leveraged and inverse ETFs on Monday came, we understand, largely on the advice of industry regulator Finra who in June stated: inverse and leveraged ETFs that are reset daily typically are unsuitable for retail investors who plan to hold themfor longer than one trading session, particularly in volatile markets.
ETF blowup continues

Hopes that the long decline in property values may soon draw to a close were raised yesterday with the release of the latest Nationwide house price data.
House prices rise for third month in a row

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

BLT Credit Suisse: reiterated neutral
CSR JPMorgan: upgraded to overweight from neutral
EMG UBS: downgraded to sell from neutral
ITV UBS: downgraded to neutral from buy, tp raised to 41 from 37
LOG Morgan Stanley: upgraded to overweight from underweight, tp raised to 130 from 70
REL Jeffries: upgraded to hold from underperform
REX UBS: upgraded to buy from neutral, tp raised to 260 from 258
RIO Credit Suisse: downgraded to neutral from outperform
STAN Goldman: reiterated buy

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End-of-day Market Overview

Have a great weekend all!

G.