Evening all. Friday's market reports:

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

Saturday

Stock markets around the world received an unexpected but much-needed boost after figures showed that the US economy shed just 20,000 jobs last month.
US jobs figures boost stock markets

Billionaire may start spending $40bn war chest while his rivals are crippled by the credit crunch, writes Helen Power.
Warren Buffett poised to go bargain hunting

The Fed and the ECB lined up with the Swiss National Bank (SNB) to mount a third phase of joint operations to curb the transatlantic credit squeeze endangering the world economy. The central banks said that they would again raise sharply, by as much as $82 billion (42 billion), the amount of funds they were pumping into the US and European banking systems in their effort to rein in elevated market interest rates.
Fed and ECB pump $82bn into system

The Bank of England has taken further measures to ease the liquidity crisis by more than doubling the amount lenders can place on deposit with it. In a move unprecedented in the two years of the current money market regime, the Bank is changing its rules to allow lenders to place about 50bn with it every month.
The Bank of England in further liquidity measure

Barclays found itself in the spotlight as it continued to fend off speculation about boardroom tension while analysts said the bank might have to follow other UK lenders and raise capital from shareholders.
Tension at Barclays as cash call looms

The number of companies going into administration jumped by 54pc in the first quarter of the year, in the latest sign that the credit crunch is hitting businesses and entrepreneurs hard.
Administrations surge as credit crunch hits hard

What's the rarest commodity on the stockmarket? Honesty. A former broker exposes the corruption, greed and insider dealing endemic in the City
Tricks of the traders

Sunday

The Bank of England is set for a tight decision on interest rates this week, amid new evidence of sharply falling business confidence and a series of recent reports pointing to a sharp slowdown in the economy.
Split on rate cuts as slowdown bites

Hedge Funds are beginning to bet that shares in Britains biggest banks have hit rock bottom, in spite of mounting speculation about further multi-billion-pound rights issues and fresh concerns about the mortgage market.
Hedge Funds call bottom on Britain's bank shares

Britain's third-biggest lender by market value has held discussions with Korea Investment Corporation (KIC) about a possible investment in the bank. It is not clear if the talks are still live, and negotiations are also understood to have been held between Barclays and several other unnamed prospective investors.
Barclays bank in secret talks with Korean fund

FTSE100 banking bosses, beware. One of Europe's most prominent activist investors is training its sights on the British financial services sector and is likely to disclose its first investment here within months.
Cevian Capital trains sights on British banking sector

European property began to freeze over last year, with almost every European housing market taking a turn for the worse and prices tumbling fast in Ireland and Germany, new research shows.
Fears grow for European houses prices

Monday

Britain is now facing widespread "mortgage rationing" which threatens to keep thousands of would-be homeowners from taking their place on the property ladder, a leading adviser to Gordon Brown has warned.
Gordon Brown adviser Stephen Nickell fears 'mortgage rationing'

Property group Bellway has approached its rival Redrow with plans for a 1.3bn merger, creating a construction giant which would be the country's second biggest, it has emerged.
Bellway seeks 1.3bn merger with Redrow

Warren Buffett has fuelled suspicions that he is set to turn his sights on British companies by declaring he is now particularly focused on buying European businesses.
Warren Buffett bets his bottom dollar on Europe

Yahoo shares are set to tumble today after its dismissal of an improved $46.5bn (23.6bn) takeover approach from Microsoft prompted the software giant to walk away.
Yahoo set to plunge after Microsoft's $46bn bid is withdrawn

Just as climate change is wreaking havoc on some fine old adages about the weather and country life, so market change is doing much the same to some of the old sayings about the movement of share prices.
Stock market folklore sells today's investors short

Believing that the collapse of Bear Stearns marked a bottom and the worst is over, investors have shifted their focus from the effects of the credit crisis on the finance industry to fretting about its longer-term consequences on the economy.
US government to sue over sub-prime mortgage selling

Doubts are mounting over a $4bn (2bn) rescue bid for the US's biggest mortgage lender, Countrywide Financial, after a deterioration in its stricken loan portfolio and a downgrade in its debt to junk status.
Junk debt puts Countrywide rescue in jeopardy

The price of oil leapt through the $120 barrier for the first time in New York yesterday. A rise of $3 during the day was sufficient for the commodity to record another landmark in its seemingly inexorable rise.
Crude oil price passes $120 a barrel mark for the first time

The post-credit crisis economic recovery could be "snuffed out" by high oil prices, experts have warned, as the price of crude broke through the $120 mark for the first time.
Growth forecast for UK economy will be hit by rising oil price

As the Bank of Englands rate-setting Monetary Policy Committee gathers this week, its largely united front since the start of the credit crisis last autumn has given way to division. The fraying of the MPCs consensus means that, despite bleak headlines over economic prospects, most of the City believes that the chances are slight of a back-to-back cut in interest rates on Thursday.
Little hope for inflation, so no rates move

The number of properties being repossessed has soared as the effects of the credit crunch push court orders from banks and building societies to record highs, figures will show this week.
Repossessions set to soar to highest level for 17 years

City employers appear to be holding their nerve and not scaling back sharply on recruitment in the light of the credit crunch and feared job losses, according to the body that sets exams for the financial services industry.
City firms hold nerve in the face of credit crisis

Concerns are mounting over private equity investors or the companies they own buying back debt at a discount from banks and undermining the principles of syndicated lending. Banks are alarmed at the prospect of companies picking off members of a lending syndicate to purchase their own debt when syndicates are meant to stick together.
Private equity houses snap up cheap debt

International flights that don't cost a thing? Books or music you don't have to pay for? Even companies handing out cars? Traditional business is based on the certainty that everything has a price. But now US writer Chris Anderson believes we are at the dawn of a new consumerist era, governed by what he dubs 'freeconomics'. He talks to Stuart Jeffries.
The big giveaway

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

US Video: Stock Market Technical Analysis 5/5/08

Good morning traders!

In Asia today, the Hang Seng ended the morning up 10.76 points at 26,194.71.

New York's main oil futures contract, light sweet crude for June delivery, reached
an all-time high in electronic trade of $120.23 a barrel, breaking the last record of
$120.20 reached during intraday trade on Monday.

Happy trading!

G.

OUTLOOK Lloyds TSB trading update to throw spotlight on capital strengthTFN UK calendar and forecasts for today

Thomson Financial UK at a glance share guide - Bank Holiday MondayThomson Financial UK at a glance share guide - weekend

*XSTRATA SAYS OUTLOOK FOR 2008 REMAINS VERY POSITIVELondon shares outlook - flat, after slide in NY; BoE rate decision due Thursday

The Tuesday Press Roundup

Thomson Financial UK at a glance share guide

BROKERWATCH HSBC cut to 'neutral' from 'buy' at UBS, target up to 920p vs 880p

BROKERWATCH International Power cut to 'sell' from 'neutral' by Goldman SachsAustralian shares close lower, losses pared as central bank keeps rates on hold

BROKERWATCH British Land cut to 'underweight' in sector review at Morgan StanleyUK smallcap opening - Mariana Resources ticks up on mineral title application

BROKERWATCH Barratt Development cut to 'neutral' vs 'outperform' - Credit SuisseUK smallcap opening - Salamander Energy up on drilling update

London shares open slightly lower after NY slide; BA falls after oil price spikeUK smallcap opening - Anzon Energy falls after terminating merger agreementUK smallcap opening - RAB Capital drops; sees H1 2008 'significantly lower'

UK smallcap opening - Silverjet takes off after performing well in April

STOCKWATCH Lloyds TSB lower as writedown concerns overshadow in-line updateUK smallcap opening - Oilex higher following drilling update

Australian shares close lower, losses pared rates kept on hold - UPDATE

UK smallcap opening - Laura Ashley falls as Baugur evaluates Moss Bros bid