Hello traders!

In the US tonight, the Dow Jones Industrial Average gained 54.72 points to
12,581.98, while the S&P 500 rose 6.06 points to 1,360.55, and the Nasdaq
Composite gained 29.58 points to 2,351.7.

See you in the morning with the latest....

G.

Morning all. Market reports:

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

The head of the International Monetary Fund has warned that the world economy is trapped between "fire and ice" - the threat of slumping growth and of rising inflation.
IMF warns of 'fire and ice' threat to the world

Ben Bernanke, chairman of the Federal Reserve, has laid the blame for the credit crunch on the ratings agencies, the investors in sub-prime securities who believed them, and inappropriate incentive structures.
Ben Bernanke lays credit crunch fiasco squarely on ratings agencies

Goldman Sachs chairman and chief executive Lloyd Blankfein has declared the beginning of the end of the credit crisis - just as Wall Street rival Lehman Brothers took a further $1.8bn (900m) credit crunch hit.
Goldman Sachs' Lloyd Blankfein sees end of credit crisis

Jean-Claude Trichet, the ECB's president, dug in his Gallic heels yesterday, insisting that Europe remains insulated from the unfolding slump in the US and would stick to its sole duty of combating inflation, now at a record 3.5pc. "We have one needle in our compass. We have to deliver price stability," he said.
ECB hawks defiant as storm gathers

Pressure is growing on the Bank of England to take drastic measures to ease the credit crunch after yesterday's quarter-point interest rate cut failed to make any inroads into the crisis.
Interest rate cut toothless in face of mortgage crisis

Millions of struggling families will be hit by higher mortgage payments after banks raised their charges last night despite the Bank of Englands quarter-point cut in the base rate to 5 per cent.
Consumer crunch bites despite cut in base rate

Retailers on both sides of the Atlantic issued dire forecasts for the high street yesterday as the turmoil in financial markets continues to hurt the wider economy and put the brakes on consumer spending.
UK and US retailers deliver grim forecasts for trading

Sir Philip Green threw down the gauntlet to his high street rivals yesterday by vowing that Topshop and Topman would have a record year despite the toughest trading climate he can remember.
Sir Philip Green predicts record year for Arcadia's Topshop and Topman

HBOS, the UK's largest mortgage lender, has increased its exposure to housebuilders by taking a 40pc stake in Tulloch Homes Group. The 27.5m investment in the private Scottish company comes just days after the bank invested in Miller Group, the UK's largest privately owned construction company and housebuilder.
HBOS takes a stake in Tulloch

Iceland's central bank raised its benchmark interest rate for the second time in three weeks to shore-up the krona and douse inflation. Banks make up two-thirds of the Icelandic stock market - which has lost 80pc of its value since last July.
Icelandic interest rate hits 15.5pc

Rocketing global food prices are causing acute problems of hunger and malnutrition in poor countries and have put back the fight against poverty by seven years, the World Bank said yesterday.
Poor go hungry while rich fill their tanks

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

US Video: Stock Market Technical Analysis 4/10/08

Good morning traders!

In Asia today, the Hang Seng ended the morning up 249.47 points at 24,436.57,
while the Nikkei was recently up 353.08 points at 13,298.38 .

New York's main oil contract, light sweet crude for delivery in May, dipped 55
cents to $109.56 per barrel.

Happy Friday!

G.

OUTLOOK Cadbury expected to beat target for Q1 sales growthTFN UK calendar and forecasts for todayTFN economic and business calendar

London shares outlook - up, after Wall Street and Asia rise; Cadbury in focus

The Friday Press Roundup

Thomson Financial UK at a glance share guide

BROKERWATCH Stora Enso to 'outperform'; Rexam cut to 'neutral' at Credit Suisse

UK smallcap opening - Metnor Group falls on mixed FY resultsTokyo shares close sharply higher on Wall St rebound, weaker yen

Australian shares close marginally lower as gaming stocks weighUK smallcap opening - Asianlogic ticks up on bumper FY pretax profit rise

UK smallcap opening - Antisoma climbs on new lung cancer treatment trial launch

UK smallcap opening - Intercede up on hope for big reduction in operating loss

UK smallcap opening - Renesola falls after broker downgrade

UK smallcap opening - Econergy International higher after offer approachLondon shares open higher, after Wall Street, Asia up; AMEC up on broker upgrade

BROKERWATCH Total downgraded, BP upgraded in JP Morgan oils note

Australian shares close marginally lower as gaming stocks weigh - UPDATE

Tokyo shares close sharply higher on Wall St rebound, weaker yen

STOCKWATCH Cadbury Schweppes down after update; Numis puts group 'under review'BROKERWATCH Sainsbury profit forecasts, target price cut by Panmure GordonUK small caps open higher; nCipher soars on preliminary offer approaches