Good morning traders!

In the US Friday, the Dow closed up 217.52 points at 8,280.59, with the S&P500
up 22.75 points at 868.6 and the Nasdaq Composite 45.47 points hgher at 1,591.71.

In Asia this morning, the Nikkei was last down 81.44 points at 7,995.18, while the
Hang Seng ended the morning session up 92.74 points at 13,747.78.

Happy Monday!

G.

Morning all. Friday's market reports:

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

Saturday

US senators have reached a 'tentative' deal on President Barack Obama's economic stimulus plan. Democrats said that a compromise had been reached with Republican rebels and that the plan could finally be put to a vote.
Barack Obama stimulus plan: Democrats 'reach deal'

TIMOTHY GEITHNER, the US Treasury secretary, will tomorrow set out the American governments plan to inject billions of dollars into the countrys troubled banks and ringfence their toxic assets.
US Treasury to pump billions more into banks

The output of Britain's factories slumped late last year at a rate not seen since the lights went out in the three-day week of 1974, as evidence mounted of the damage to the economy caused by a deepening global recession.
Slide in factory production worst since 1980

Britains financial watchdog on Friday published a consultation paper that recommends extending the temporary disclosure regime for bank stocks to all traded companies and making the rules permanent. The measures are expected to help stamp out market abuse, as HBOS experienced early last year when short sellers started false rumours to force the banks share price down.
FSA plans to force disclosure of all short positions of more than 0.5pc

The shockwaves from the country's economic implosion are being felt in Britain, but the effects are far worse at home
Iceland: downfall of 'a foolish little nation'

Sunday

The US government is considering renaming the $700bn (474bn) Troubled Asset Relief Programme (TARP) and spinning it off into a separate body in an attempt to improve the poor public image of America's banking bail-out.
US bail-out faces radical overhaul due to poor public image

Mervyn King will this week present the Bank of England's most pessimistic assessment yet of the outlook for Britain's economy, after a slew of official figures confirming that activity has "fallen off a cliff" since the autumn.
Bank to issue grimmest warning yet on economy

The Treasury's scheme to ring-fence toxic loans made by British banks is likely to involve more than 400bn of assets being insured by the taxpayer, The Sunday Telegraph has learnt.
Taxpayer to insure Treasury's 400bn toxic loan scheme

Pressure is mounting for the government to explore ways to remutualise Northern Rock and Bradford & Bingley, nationalised after the shares crashed amid fears that they could collapse amid the world financial crisis.
Turn failed banks back into mutuals, Labour told

Barclays will kick off the banks' reporting season tomorrow with a set of results it hopes will set it apart from the rest of its troubled industry.
Barclays battles to convince doubters

THE Chinese aluminium giant Chinalco is to be given a seat on the board of Rio Tinto in return for a 6 billion cash injection that should remove the need for a rights issue.
Chinese to grab seat on Rio board

DSG International, the owner of the Currys and PC World electrical goods retailers, has begun preparations for a rights issue to raise hundreds of millions of pounds.
Currys owner prepares for rights issue

Monday

The yield on 10-year US Treasury bonds the world's benchmark cost of capital has jumped from 2pc to 3pc since Christmas despite efforts to talk the rate down. This level will asphyxiate the US economy if allowed to persist, as Fed chair Ben Bernanke must know.
Bond market calls Fed's bluff as global economy falls apart

Dominique Strauss-Kahn said the Fund needed an urgent cash infusion if it was to continue bailing out troubled economies in the future. Mr Strauss-Kahn also indicated that the world's advanced economies were now tipping from recession into full-blown depression, cementing fears about the scale of the economic slump in rich nations.
IMF may run out of cash to fight crisis in six months, Strauss-Khan warns

In its quarterly Inflation Report, the Bank's Monetary Policy Committee will slash its economic growth forecast to the lowest level since it was granted independence in 1997, and will indicate that it is now poised to start buying up securities directly in a bid to pump extra money into the economy.
Bank of England to warn recession will last far longer than Government's forecast

Michael Glos, the German economics minister, said he will hand in his resignation on Monday, leaving Angela Merkel, the chancellor, in emergency talks on Sunday night to replace him.
German economics minister resigns

The Irish government will this week unveil a new 7bn (6.1bn) rescue package for two of the country's largest banks, Allied Irish and the Bank of Ireland.
Irish government to unveil new 7bn bank bailout

Russia is set to enter a long and deep recession later this year unless the government abandons futile attempts to hold up its currency, an economist has warned.
Russian central bank 'is failing to stop decline'

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

End-of-day Market Overview