Morning all. Market reports:

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

The German Chancellor was forced yesterday to issue an emergency statement promising aid to Greece - but her words failed to quell bond market speculation that Berlin might not support the eurozones 30 billion rescue package.
Merkel keeps Greece in suspense over rescue

The extra yield demanded by investors to take on Portuguese sovereign debt compared to safe German government Bunds rocketed to an all-time high yesterday: 205 basis points against 193 on Friday.
Who's next? Markets hunting for PIGS

Surging flows of capital from the west into emerging economies threaten asset-price bubbles that could trigger a new phase to the global financial crisis, one of the UK's leading banks said today.
Standard Chartered warns of bubble in emerging markets

Wall Street banks are to be forced to hive off swaps and derivatives desks if they want to continue to access the Federal Reserve's discount window, under proposals included in the final Senate regulatory reform bill.
Wall Street banks to be forced to hive off swaps and derivatives desks

US Senate Democrats failed last night in their attempt to press ahead with President Obamas Wall Street crackdown. Republicans voted down a proposal to bring a financial reform Bill written by the Democrat Senator Chris Dodd to the floor of the Senate for debate. Democrats hope to hold another vote later this week.
Democrats lose vote on Wall Street crackdown

Warren Buffett - the man who called derivatives "weapons of mass financial destruction" - has been attempting to influence the outcome of the US's financial regulation reform in favour of his own derivatives business.
Warren Buffett lobbies for exemption on derivatives as US financial reform nears

The number of hedge funds and sophisticated investors using exchange traded funds to execute their strategies in Europe rose substantially in the first quarter, industry experts have told FT Alphaville. Industry experts have linked the rise to the products becoming easier to short in Europe.
Hedge funds are starting to use ETFs in Europe

The timing could hardly be better for Alistair Darling. Nine days before the general election, share prices in the two banks he bailed out with taxpayers' money are sitting on paper profits of more than 9bn and rising.
Lloyds and RBS shares rise to give taxpayer potential 9bn profit

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBP/USD
GBP/EUR	NYMEX CRUDE	GOLD

Good morning traders!

In the US last night, the Dow added a point at 11,205, the Nasdaq fell 7 points at
2,523 and the S&P500 lost 5 points at 1,212.

In Asia today, the Nikkei was up 2.98 points at 11,168.77, while the Hang Seng
ended the morning off 215.19 points at 21,371.87.

Crude oil traded at $83.73 a barrel on Nymex.

Gold settled at $1,155 an ounce.

Happy trading!

G.

Opening Market Overview

One for the "UPS "

TLDH 8.75p ( 8.50 /10p )
Buyers for the last few days and the Level 2 improving to best now 3 v 1, the retracement is completed after the sharp fall from 14p

Midday Market Overview

another one for the "UPS"

JSG 19p (18.50 / 19.50p )

Large trades now appearing after some consolidation at the lower part of the chart. Indicators ready for the movement UP as the Level 2 gets positive

End-of-day Market Overview