Morning all. Friday's market reports:

The Times
The Times (Need to know)
FT
The Guardian
The Independent

Spectacular profits and punishing losses will affect sharply the share prices of the big banks on Wall Street when they report their third-quarter figures this week.
Shares in Wall Street banks head for fork in the road

The Government is to sell off 16 billion of assets as part of moves to restore stability to the public finances, Gordon Brown will say on Monday.
Government to sell off 16 billion of assets

Profit warnings from British companies hit a six-year low in the third quarter of 2009, falling by more than 50% year-on-year, according to a report from Ernst & Young.
Company profit warnings hit a six-year low

Empty office space in central London dropped in the third quarter, in a sign that the shattered rental market is starting to bottom out.
Office vacancy rates signal recovery

The World Gas Conference in Buenos Aires last week was one of those events that shatter assumptions. Advances in technology for extracting gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected.
Energy crisis is postponed as new gas rescues the world

City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can reveal. The Financial Services Authority demanded 60-minute updates on cash flooding out of the bank's branches and hole-in-the-wall machines in the days before Britain's historic bank bailout, which took place a year ago.
Cash machines were monitored every hour during banking crisis

Alan Miller, the founding shareholder of New Star Asset Management, has branded the fund management industry "disgraceful" for hiding charges from investors.
Fund managers attacked for hiding charges from investors

The hospitality group Whitbread, the company behind the Premier Inn budget hotel chain, should confirm its resilient performance through the downturn when it issues results for the 26 weeks to 27 August tomorrow.
The Week Ahead: Whitbread is ready to show its resilience

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

SENSEX

Japan is closed for a public holiday today.

Twitter Updates
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Good morning traders!

In Asia today, Japanese markets areclosed for a public holiday, while the Hang
Seng approached the midday break 9.85 points lower at 21,489.59.

Crude oil traded at $72.17 a barrel on Nymex.

Happy Monday!

G.

PS Welcome back Kyoto!

Thanks Greystone - setting everything back up in South Korea has been somewhat more complicated and time consuming than expected and I've had just about every computer problem imaginable in the last few weeks. Fingers crossed now!

ARM Citigroup: reiterated buy, tp raised to 185 from 145
BAY RBS: reiterated buy, tp raised to 300 from 225
BP. HSBC: reiterated neutral, tp cut to 560 from 570
BRBY Deutsche: buy, tp raised to 620 from 440
CSR Citigroup: reiterated buy, tp raised to 550 from 500
CSR Jeffries: upgraded to buy from hold, tp raised to 550 from 350
ENRC ING: initiated hold, tp 900
EZJ RBS: downgraded to hold from buy, tp raised to 400 from 375
FIVE Citigroup: downgraded to hold from buy
HFD Altium: initiated buy, tp 500
ISYS UBS: downgraded to neutral from buy, tp raised to 320 from 290
ITV Goldman: upgraded to buy from neutral, tp reiterated 58
ITV RBS: buy, tp 60
JJB Altium: sell
JJB Seymour: downgraded to sell from hold
KAZ ING: initiated buy, tp 1400
LAD Jeffries: reiterated hold, tp cut to 130 from 225
LAD Morgan Stanley: reiterated equalweight, tp cut to 145 from 210
LAD UBS: downgraded to neutral from buy, tp cut to 140 from 179
LAM HSBC: downgraded to neutral from overweight
SDY Altium: downgraded to hold from buy, tp cut to 40 from 50
SGE Citigroup: reiterated hold, tp raised to 230 from 180
TIG Altium: upgraded to buy from hold, tp raised to 16 from 12
ULVR SNS: upgraded to accumulate
VOD JPMorgan: buy
WLF Citigroup: reiterated hold, tp raised to 135 from 115
XTA Evolution: reiterated reduce, tp 820

Good to see you again kyoto. Thanks for all your hard work.

Thanks kimoldfield.

Opening Market Overview

And thanks to Alan as well, for the Investor's & Trader's Threads! :o)

Yes, thanks as ever to Alan for the Thread! :-)

Not to be missed.

One for the "UPS" ready to BREAKOUT

Master RSI - 12 Oct'09 - 10:26 - 55 of 56 edit
UPS

SEY 4.785 ( 4.78 / 4.79p )

Good charting trying to BREAKOUT on a very narrow spread and good Level 2

Intraday
2 month Bollinger Bands,RSI, S Stochastic and 50 days MA

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Kyoto:

Good to have you back.
As you can see from the comments of others too, your absence from this thread always leaves a void. Hope you're in better health as well!

Midday Market Overview

Thanks guys, but it is your thread - you make it all worthwhile :)

Thanks Midknight - my health is a work in progress but it's not anything to be terribly worried about any more. I'll try to keep posting here as long as there's an interest.

OIL prices
A STRONG RISE TO $73.50 TODAY

-------------------------- 2 month ------------------------------------ 1 year ------------------------------

End-of-day Market Overview