NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

Nikkei is closed today.

A new currency, the Ebu, on Monday enters the worlds foreign exchange zoo. The European Borrowing Unit offers no rate of interest but has been created by Barclays Capital to shield users from currency swings. The Ebu, based on a portfolio of 10 major currencies, is simply a basket of long and short currency positions against the euro, and is aimed principally at corporate and institutional borrowers who want an alternative to low-yielding currencies such as the yen and the Swiss franc.

Currency swings spawn the Ebu

HONG KONG (MarketWatch) -- Mining giant BHP Billiton is expected to announce that it has uncovered what is potentially the largest gold resources in the world at its Olympic Dam mine in South Australia, reported the Herald Sun newspaper Monday, without citing a source.

BHP Billiton strikes gold at Olympic Dam : report

OUTLOOK Wolseley FY pretax profit seen down on US woesThomson Financial Europe AM at a glance share guide: stocks rise; oil lowerTFN economic and business calendar to Friday Oct 5

Good morning traders!

In Asia today, the Hang Seng ended the morning up 563.41 points at 26,407.19.

Japan's markets are closed for a public holiday.

Happy trading!

G.

TFN UK calendar and forecasts for today

Thomson Financial UK at a glance share guide - weekend

The Monday Press Roundup

London shares outlook - little changed, hopes of Northern Rock bidder fade

BROKERWATCH Marks & Spencer reiterated 'buy' at Deutsche Bank, tgt 815 penceThomson Financial UK at a glance share guide

BROKERWATCH Tesco upped to 'buy' vs 'hold' at Citigroup, target 500 pence vs 450BROKERWATCH Prudential target price upped to 1,060p vs 1,016 at Lehman Brothers

Australian shares close at record high led by BHP Billiton,. Rio Tinto

BROKERWATCH Man Group resumed as 'overweight' at Lehman, cuts target to 620p

BROKERWATCH Smiths Group initiated 'outperform' at Credit Suisse, target 1,160pUK smallcap opening - Gas Turbine moves up as H1 losses narrow

BROKERWATCH Wolseley recommendation under review at Landsbanki post FY results

STOCKWATCH Ladbrokes lower as SocGen downgrades to 'sell' from 'hold'

Australian shares close at record high led by BHP Billiton, Rio Tinto - UPDATE

UK smallcap opening - KleenAir Systems advances on orders increase

UK smallcap opening - Anglo Asian Mining ticks up on credit facility agreement

BROKERWATCH Barclays cut to 'underperform' vs 'peer perform' by Bear StearnsUK smallcap opening - Matra Petroleum up on Russian field acquisition hopes

London shares open lower; Northern Rock slides as bid hopes fade, miners supportUK smallcap opening - Networkers rises on solid H1 numbers