Morning all. Market reports:

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

The Bank of England's liquidity sale drew no bidders for the second week running yesterday, helping to fuel a rally in bank shares. But industry sources warned the lack of take-up could mask continuing funding strains for some smaller lenders, while larger British banks have already taken advantage of cheaper facilities on offer from the European Central Bank.

Bank's 10bn of funding again attracts no bidders

Gazprom said yesterday that it would cut supplies of natural gas to Ukraine if a $1.3 billion (636 million) debt was not settled this month. The warning from Moscow was delivered just as pro-Western parties claimed a lead in closely fought parliamentary elections in Ukraine.

Gazprom issues new ultimatum to Ukraine: pay $1.3bn bill or gas will be cut

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

Thomson Financial Europe AM at a glance share guide: Stocks, oil mixed

Good morning traders!

In Asia today, the Nikkei was recently up 132.79 points at 17,179.57, while the
Hang Seng ended the morning up 328.36 points at 28,528.11.

Crude oil for December delivery climbed as much as 16 cents to $79.20 per barrel.
The December contract fell 19 cents in New York trading Tuesday.

Happy trading!

G.

TFN economic and business calendar

TFN UK calendar and forecasts for today

The Wednesday Press Roundup

London shares outlook - little changed, buy-out group looks at Northern Rock

Thomson Financial UK at a glance share guide

BROKERWATCH Royal & Sun Alliance cut to 'neutral' from 'overweight' at JP MorganTokyo shares close higher; Nikkei at highest since July 31

Australian shares close flat as investors consolidate gainsUK smallcap opening - Braemar eases on acquisition move

UK smallcap opening - Lithic Metals up on encouraging nickel results

Tokyo shares close higher; Nikkei at highest level since July 31 - UPDATE

STOCKWATCH Northern Rock surges on JC Flowers takeover reportUK smallcap opening - Education Development up on FY profit prediction

London shares open higher on hopes of buy-out bid for Northern Rock

UK smallcap opening - Carluccio's firmer after confident update

BROKERWATCH GSK raised to 'outperform', Novartis cut to 'neutral' at ExaneUK smallcap opening - Imprint up on bid hopes; Landsbanki repeats 'buy'

STOCKWATCH Housebuilders extend rally; Merrill Lynch reiterates 'buy' ratings

STOCKWATCH Northern Rock surges on JC Flowers takeover report UPDATEUK smallcap opening - Intercede climbs on positive updateUK smallcap opening - Redknee Solutions slides on FY profits warning

Good morning all, one for today .......

"UPS" (Added by Master RSI on Wed 03 Oct 09:28 am)

LUP - Mid 13.125p
Reason - on the way UP today, as a 12M "X" trade went through the ticker, it could be an overhang cleared, good interim results last week and trading on a PE of under 8 and the Indicators now rising from oversold