Morning all. Market reports:

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

Investors sold Italian and Greek debt yesterday in signs of near panic liquidation, driving bond spreads to the highest level since creation of the single currency.
Euro bond spreads hit record as panic grips markets

Citigroup shares fell to their lowest level in almost a decade after the head of Gulf investment agency, Dubai International Capital, said the largest US bank would need to raise "a lot more money" from outside investors.
'More capital needed to rescue Citigroup'

Ben Bernanke, the Chairman of the US Federal Reserve, yesterday urged Americas lenders to respond vigorously to its housing crisis by cutting the size of some outstanding home loans.
Cut size of outstanding loans, Ben Bernanke urges

The Bank of Canada has slashed interest rates a half point to 3.5pc in a surprise move to head off recession, saying the global outlook has darkened dramatically over the past month.
Half-point rate cut as Canada feels pinch

Opec will ignore pleas from America and Europe to ease record oil prices and leave the level of barrels it is pumping unchanged, analysts said.
Opec set to leave oil production unchanged despite high prices

Alistair Darling will attempt to kickstart the wholesale markets by kitemarking the best mortgage loans, it emerged last night.
Alistair Darling plans mortgage kitemark

The value of UK companies falling into foreign hands hit record levels last year, according to Government numbers, marking the country's fourth consecutive year as a net seller of companies.
Foreign predators snap up record81bn of British firms

The Chancellor's "shambolic" changes to Capital Gains Tax have left those affected "under pressure", "angry" and "aggrieved", according to Britain's leading accountancy professionals. Firms large and small are reporting a rush in business as the Treasury has left a window of a few weeks before the 10 per cent levy on most of these capital gains is replaced at midnight on 5 April by the new 18 per cent rate.
CGT hike triggers rush to sell companies

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Nikkei closed down 20.22 points at 12,972.06, while the Hang
Seng ended the morning down 230.97 points at 22,888.9.

New York's main oil contract, light sweet crude for April delivery, rose 22 cents to
$99.74 a barrel from $99.52 in late US trades on Tuesday.

Happy trading!

G.

OUTLOOK ITV advertising and audience trends in focus at FYAustralian shares close slightly lower on late profit taking - UPDATETFN economic and business calendar

TFN UK calendar and forecasts for today

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

The Wednesday Press RoundupFirst Day of Dealings

Thomson Financial UK at a glance share guide

Tokyo shares close lower as market awaits US economic data - UPDATE

BROKERWATCH Cadbury Schweppes initiated 'reduce' at Dresdner Kleinwort

UK smallcap opening - Templar Minerals firms on encouraging drilling results

STOCKWATCH HBOS higher; ABN Amro ups to 'hold' from 'sell', target 545pBROKERWATCH Elan Corp started as 'outperform' by Credit Suisse, target 20 eur

UK smallcap opening - Dowgare Capital ticks up on Ellis unit appointmentsRPT UK smallcap opening - Dowgate Capital ticks up on Ellis unit appointments

UK smallcap opening - Cyberview climbs on International Game approachLondon shares open higher after Wall Street rally; ITV up on outlook

UK smallcap opening - Imprint up as board continues to recommend Hydrogen bid

STOCKWATCH Liberty International jumps on talk of shopping mall co merger

UK smallcap opening - Devro rises on FY results

STOCKWATCH ITV up as results come in at top end of range; Blue Oar retains 'buy'STOCKWATCH Marks & Spencer in focus as mid-season sale kicks off

UK smallcap opening - Waterline adrift after FY profits warning

UK small caps open higher; Cyberview strong on International Game bid approach