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The Traders Thread - Friday 14th November (TRAD)     

Greystone - 13 Nov 2008 21:17

Greystone - 13 Nov 2008 21:18 - 2 of 22

Hello traders!

In the US tonight, the Dow Jones closed up 552.59 points at 8,835.25, while the
S&P500 was up 58.98 points at 911.29 and the Nasdaq Composite 97.49 points
better at 1,596.7.

December crude closed at $58.24 a barrel, up $2.08.

See you in the morning with the next exciting instalment.....

G.

Greystone - 14 Nov 2008 05:22 - 3 of 22

Good morning traders!

In Asia today, the Hang Seng ended the morning up 398.90 points at 13,620.25,
while the Nikkei added 223.75 points to finish at 8,462.39.

Happy Friday!

G.

Kyoto - 14 Nov 2008 07:30 - 4 of 22

Morning all. Market reports:

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

The pound has taken another hammering as fears over the UK economy accelerated and analysts warned that it will fall further over the coming weeks and months.
Pound's slump accelerates as analysts warn it will get worse

Hedge funds will be decimated by the global financial meltdown and the crisis will wipe out as much as three quarters of the money they manage, George Soros, the billionaire investor, predicted in Washington yesterday.
George Soros warns 'hedge funds will be decimated'

Five of the world's richest hedge fund managers, including George Soros, the man who the broke the Bank of England, have been called to account by US politicians for their role in the collapse of the global financial system.
Soros faces Congress over hedge funds' role in meltdown

Troubled US carmakers GM and Ford have been given a potentially devastating vote of no confidence by three big European credit insurers, which have removed cover from their suppliers. The withdrawal of credit insurance which covered suppliers against the risk of the automakers failing has previously hastened the demise of a string of European companies.
Insurers pull cover from GM and Ford suppliers

The extent of the slowdown in the Chinese economy became clearer on Thursday when the government disclosed that the rate of increase of industrial production had dropped to the lowest level in seven years.
China industrial growth at 7-year low

In the midst of the worst financial crisis since the Great Depression, Canada has joined the ranks of governments that in recent weeks stepped up to help banks cope with more fallout from bad U.S. subprime mortgages. In Canada's case, however, the reason for the assistance is a little different from some of its G-7 partners.
Why Canada's Banks Don't Need Help

Richard Ralph, former Governor of the Falkland Islands and a past British ambassador to both Peru and Romania, has been fined 117,691.41 by the City regulator after it was discovered he asked a friend to buy shares in Monterrico Metals.
Ex-diplomat fined for insider dealing

Kyoto - 14 Nov 2008 07:30 - 5 of 22

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
t?s=%5EN225t?s=%5EAXJOt?s=000001.SSt?s=%5EHSI
KOSPIVIX
t?s=%5EKS11t?s=%5EVIX

Kyoto - 14 Nov 2008 08:53 - 8 of 22

Glance-STOCKS NEWS EUROPE-Minster soars on cash levels

Greystone - 14 Nov 2008 12:30 - 13 of 22

Midday Market Overview
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