Morning all. Market reports:

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

The Pending Home Sales Index, based on sales contracts signed, fell 16% in November, undermining hopes for a sustained recovery.
US pending home sales data falls sharply

Freezing temperatures are putting the squeeze on Britains gas infrastructure and could force industrial users to shut their operations to save fuel for offices and homes.
Cold snap underscores reliance on imported gas

President Olafur Grimsson stunned the worlds financial community by refusing to sign the repayment schedule into law. The decision threatened to bring down the Icelandic Government, took its financial system to the brink of collapse and sparked the worst row with Britain since the Cod Wars of the 1970s. Fitch, the international rating agency, downgraded Icelands credit rating to junk status.
Britain threatens to freeze Iceland out of EU as loan payback vetoed

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	SENSEX
NYMEX CRUDE	GOLD	VIX

Good morning traders!

In the US last night, the Dow closed down 12 points at 10,572, the Nasdaq was
flat at 2,309 and the S&P500 gained 4 points at 1,137.

In Asia today, the Nikkei was up 64.8 points at 10,746.63, while the Hang Seng
ended the morning ahead 186.17 points at 22,465.75.

Crude oil traded at $81.61 a barrel on Nymex.

Happy Wednesday!

G.

Opening Market Overview

one for the "UPS"

CMS 14.25p ( 14 / 14.50p )

reason : Moving higher with volume yesterday and good size buying today as the order book is improving. Undervalued on the Profits forecast and paying a high yield dividend. There was a seller recently.

Intraday

3 month Candlestick with volume and 50 days Moving Average

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

End-of-day Market Overview