Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
The breakneck Chinese economic boom may be starting to unravel, the Organisation for Economic Cooperation and Development has warned.
China boom may be ending, warns OECD
British factory production rose more than five times as fast as expected in March as the weak pound stoked exports.
UK manufacturing output for March jumps most in eight years
Hopes that the economic recovery is gathering momentum were boosted yesterday by upbeat figures and a successful gilt auction.
Successful gilt auction adds lustre to recovery
Britain should not rely on EU help in the event of a renewed financial crisis after refusing to sign up to the bulk of a 500bn (429bn) rescue package for the eurozone, the head of the French financial markets watchdog said.
Britain must fend for itself in event of crisis, French official warns
Its the old we can consolidate your loans scenario that regular retail borrowers are faced with. Yes, payments are bundled into one easy monthly payment via a bailout, but the rate charged for this helpful service has shackled the borrower from then on. The borrowers future productivity is then solely focused on paying off interest debt payments.
Welcome to the OECD debt trap
Americas largest stock exchanges and their regulators told politicians that they found no single smoking gun in their search for the cause of last Thursdays $1 trillion market freefall.
Regulators remain mystified by Dows 1,000 point freefall
Proprietary traders taking huge amounts of liquidity out of the market have been pinpointed as one of the likely causes of last Thursdays dramatic plunge in US markets.
Dow plunged when prop traders withdrew liquidity, says SEC
Was the worlds most pompous finance commentator and ornithology enthusiast in someway behind the flash crash? Shortly after 2:15 p.m. Eastern time last Thursday, hedge fund Universa Investments LP placed a big bet in the Chicago options trading pits that stocks would continue their sharp declines.
Thursdays crash might really have been a Black Swan event