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The Traders Thread - Wednesday 21st January (TRAD)     

Greystone - 20 Jan 2009 21:19

Kyoto - 21 Jan 2009 06:39 - 4 of 6

Morning all. Market reports:

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

Sterling tumbled below the $1.40 mark against the dollar for the first time in almost eight years and fell against the rest of the world's major currencies as the bail-out of the UK's banks underlined the dangers facing the economy.
Pound sinks below the $1.40 mark

The Bank of England will embark on unprecedented new measures to pump cash directly into the economy in "a matter of weeks", Mervyn King has pledged.
New Bank of England powers will start in weeks

Britain's banking crisis may last for almost a decade, a senior Government minister has warned, as shares in two more of the country's biggest banks collapsed.
Britain's banking crisis 'may last for almost a decade'

John McFall, confidant of Gordon Brown and chairman of the Treasury select committee, called for the complete nationalisation of Lloyds and Royal Bank of Scotland tonight after shares in both banks crumbled, the pound skidded to a seven-year low against the dollar and government bonds were sold off sharply.
Calls to nationalise RBS and Lloyds as markets lose faith in bail-outs

Barclays is under intense pressure from shareholders to bring forward its full-year results after a profits forecast last week failed to prevent further big falls in the bank's share price.
Barclays may report results early to halt slump in shares

Chinese leaders have called for rapid action to reverse the economic slowdown as Q4 GDP figures due Thursday are expected to record the slowest pace of growth in almost a decade.
China braces for bleak data

Kyoto - 21 Jan 2009 06:40 - 5 of 6

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
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KOSPIVIX
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Greystone - 21 Jan 2009 16:52 - 6 of 6

End-of-day Market Overview
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