One fo the "UPS"

SEA 40.5p ( 40 / 41p )
Reason : Rising with volume last Friday as Indicators are moving higher from oversold. Plenty of talk about the enormous future with plants to be profitable by 2014. The oil spill on the gulf of Mexico could change many things on the way energy could be obtain with more safety in mind.

Morning all. Friday's market reports:

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

Saturday

The Tories should invite the IMF to provide blunt advice about how to cut the scale of the budget deficit, leaving the party able, if necessary, to row back on unaffordable promises to safeguard spending and cut taxes, according to senior bankers and economists.
Tories urged to call in IMF for audit of UKs debts if they win election

Something is afoot in the foreign exchange market. Both Citigroup and Barclays Capital put out notes on Friday suggesting the market should be in for some sizeable dollar selling, on the back of month-end portfolio fixings by fund managers.
FX gyrations

The future of Portuguese workers will be directly affected by the men and women working on trading floors many hundreds of miles away.
Bond traders who could decide Portugal's fate tell of a 'crazy, fun' week

Goldman Sachs' troubles appeared to be deepening yesterday amid a string of reports that it is now facing a criminal fraud investigation.
Goldman Sachs faces possible criminal investigation after SEC charges

Sunday

A Greek rescue package worth 120bn (104bn) will be put to an emergency meeting of eurozone finance ministers today after the International Monetary Fund (IMF) worked to finalise negotiations in Athens late last night.
EU to bail out Greece in 104bn deal

MERVYN KING believes interest rates in Britain will stay lower for longer than the markets expect, according to private conversations he had with a senior American economist.
Bank rate 'will stay low for four years'

Alan Clarke and Paul Mortimer-Lee, two London-based economists at BNP Paribas, have warned that the City is grossly underestimating the chance of a downgrade from the UK's current top-notch AAA status.
Debt crisis: is the UK really at risk of being downgraded?

Monday

Having secured the backing of the finance ministers, the three-year loan package needs to be approved by a number of European legislatures - including Germany and France - before a full meeting of the eurozone leaders next week.
Greece faces big sacrifices' as 95bn bail-out agreed

Britain could be battered by speculators on the international money markets within hours of the election result as the futures market in bonds and sterling has agreed to open for the first time at 1am on Friday.
UK faces run on pound within hours of polling as futures exchange opens early

Shares in London-listed miners - including BHP Biliton and Rio Tinto - are expected to fall sharply when trading resumes on Tuesday, following the introduction of a 40pc "super-tax" by the Australian government.
FTSE miners to be hit by 40pc Australian 'super-tax'

Secretive Swiss firm Glencore is working on an audacious merger proposal for Xstrata that would create a 55bn global mining and commodity-trading powerhouse.
Glencore plans 55bn Xstrata merger

Oil has been a slumbering giant for nearly a year, but experts say the world's most important commodity is set to resume its climb back to $100 by this summer at the latest.
Back to the Future: $100 Oil May Return Soon

Britain's housing-market recovery is in danger of grinding to a halt, a leading property analyst warns today, despite recent reports that prices have continued to rise strongly in recent weeks.
Housing market recovery 'is stalling'

Tuesday

Mining shares slumped after Australia's government announced plans for a new 40pc "super-tax" on profits. Meanwhile, speculation is mounting that the FTSE 100 will come under severe pressure this week as mining companies comprise around 14pc of the index. Rio Tinto and BHP Billiton alone account for 7.5pc of the market.
Australian 'super-tax' puts miners into deep slide

European governments, with the help of the International Monetary Fund, have finally produced a package big enough to avoid a default by Greece, at least for the next two to three years. This does not mean that the future of the euro has been permanently secured, but it does suggest that the immediate financial crisis is probably over.
Fingers on the button at the ECB

With its huge austerity programme and bailout, the country could be on the mend in a year or be pushed out of the eurozone.
How will Greece's tragedy end?

Passengers faced the prospect of confusion and delay this morning as the Icelandic volcano threw thousands of people's flight plans into chaos.
A new eruption, a north-east wind and air transport faces more chaos

TNT profits ... IBM deal ...GMAC results ...
Need to know

Shareholders hammered the board and top executives of Goldman Sachs for gross mismanagement of the beleaguered bank, accusing them of lying about damaging fraud charges and unjustly enriching themselves at investors expense, in a series of legal actions revealed yesterday.
Goldman Sachs shareholders pull no punches

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

Japan is closed today.

Good morning traders!

In the US last night, the Dow gained 143 points at 11,152, the Nasdaq added 38
points at 2,499 and the S&P500 was up 16 points at 1,202.

In Asia today, the Hang Seng headed to the midpoint ahead 18.8 points at
20,830.16. Japanese markets are closed for a holiday.

Crude oil traded at $85.92 a barrel on Nymex.

Gold settled at $1,180 an ounce.

Happy trading!

G.

End-of-day Market Overview