*COMPASS RATING OUTLOOK RAISED TO STABLE FROM NEGATIVE BY MOODY'S

Metals - Copper continues up on falling Shanghai stockpiles, US rate cut hopes

Metals - Gold continues below 800 usd as oil prices fall, dollar firms

London shares - midafternoon features

TFN economic and business calendar to Friday Dec 14

Precious Metals Summary - London PM Fixings

End-of-day Market Roundup

Friday's market reports:

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

The newly floated oil giant PetroChina has lost a third of a trillion dollars in nominal value in just three weeks, plummeting to a fresh low yesterday as angst gripped the Shanghai stock market. The benchmark CSI 300 index of Chinese stocks has dropped 18pc in November, the worst one-month fall in more than a decade. The bourse has tumbled 22pc since peaking in mid-October after a wild speculative boom that saw prices triple in a year - much like the final phase of Japan's Nikkei frenzy in 1989. It now qualifies as an official "bear market".
Shanghai in free fall as oil giant plummets

Henry Paulson, the US Treasury Secretary, is close to agreeing a deal with banks and regulators to freeze interest payments that are due to rise next year for many holders of high-risk sub-prime mortgages, which altogether represent loans of $362 billion (175 billion).
Henry Paulson close to a deal with banks to stave off sub-prime rate rise threat

Royal Bank of Scotland could be forced to write off almost 2bn as a result of the US sub-prime crisis, analysts say. Antony Broadbent of Sandford Bernstein said the estimated writedown included ABN Amro's wholesale business, which RBS has acquired as part of a 70bn (50bn) consortium purchase of the Dutch bank.
Sub-prime exposure may cost RBS 2bn

The sub-prime buy-to-let mortgage market has virtually collapsed after the summers credit crunch with lenders withdrawing almost 90 per cent of deals. According to Moneyfacts, the price comparison website, more than half of buy-to-let deals for landlords with troubled credit histories have vanished in the past month, sparking fears that many may be forced to sell their investments.
Buy-to-let landlords fear they may have to sell as sub-prime mortgage deals dry up

The morale of British shoppers has fallen to its lowest level since the beginning of the Iraq war in 2003, a gloomy pre-Christmas survey of consumer confidence warned yesterday. The GfK/NOP consumer confidence barometer fell for a fifth consecutive month in November, as the effect of interest rate rises filtered through to borrowers and financial crises continued.
Consumer confidence at lowest level since 2003 as rate rises start to bite

Britain's biggest mortgage banks have demanded that the Bank of England cut interest rates as funding pressures on European money markets tightened even further. The Council of Mortgage Lenders (CML) warned that the frozen market for mortgage-backed securities had left lenders struggling to raise funds.
Lenders demand rate cut as credit markets deteriorate

Details of 9m people's investments worth a total of 60bn are being sent insecurely through the post, despite recent data scandals, because HM Revenue & Customs (HMRC) requires these discs to be unencrypted, The Daily Telegraph can reveal.
New fraud fear over tax data sent in post