Hello traders!

In the US tonight, the Dow Jones Industrial Average gained 14 points to close at
13,521.

The S&P500 fell 2.38 points to 1,518, while the Nasdaq Composite gained 14.9
points to 2,572.

See you in the morning with the latest...

G.

Director Dealings - Tuesday 29 May 2007

AGA FOODSERVICE GRP (AGA)Agora S.A. (AGOD)Alliance Boots plc (AB.)Anglo American PLC (AAL)Aquarius Platinum (AQP)Arriva PLC (ARI)Arriva PLC (ARI)Arriva PLC (ARI)Arriva PLC (ARI)Atlantis Intl Umb FdBHP Billiton PLC (BLT)Bankers Investment (BNKR)Barr(A.G.) PLC (BAG)Barratt Developments (BDEV)Bellway PLC (BWY)Brambles Limited (BXB)Cable & Wireless PLC (CW.)

CareCapital Grp plc (CARE)Celtic Resources (CER)Charles Stanley Grp (CAY)City of London IT (CTY)DRS Data & Research (DRS)Diploma PLC (DPLM)Dowgate Capital PLC (DGT)Fidessa Group PLC (FDSA)Great Portland Ests. (GPOR)H&T Group PLC (HAT)Henderson Opport Tst (HOT)JOHCM Trident Fin FdJohn Menzies PLC (MNZS)John Menzies PLC (MNZS)Johnston Press PLC (JPR)Jupiter Sec SplitTst (JSS)Macro 4 PLC (MAO)

Matchtech Group PLC (MTEC)Misys (MSY)Next PLC (NXT)Next PLC (NXT)Pearson PLC (PSON)Pennon Group PLC (PNN)Regus Group PLC (RGU)Rio Tinto (RIO)Swiss Re (RUKN)Trident NrthAtlanticUkraine Opp Trust (UKRO)Uniq PLC (UNIQ)Witan Inv Tst PLC (WTAN)Witan Inv Tst PLC (WTAN)Works Media Grp(The) (WKS)Works Media Grp(The) (WKS)Zytronic PLC (ZYT)

Morning all. Market reports:

Telegraph
Telegraph (Bloomberg summary)
The Times
FT
The Guardian
The Independent
This is Money

Is it a bubble? Yes. Is it going to burst? Absolutely. Should we worry about the imminent collapse of the Chinese stock market? Not really, Lehman Brothers said yesterday.

"A sharp decline in the Chinese stock market is unlikely, in our view, to usher in a major bear market in global equities," the investment bank's head of strategy, Ian Scott, said in response to fears that the Shanghai market is spinning out of control.

'Chinese crash won't trigger bear market'

As for the stock market, it seems to be in one of those happy moods right now where all news is good news. Weaker than expected economic growth is good because it means interest rates will fall. Stronger than expected economic growth is good because, well, lets be honest, it is just good.

Shift in outlook puts end to maxim

NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Hang Seng closed the morning down 209.42 points at 20,260.17,
while the Nikkei was recently down 127.64 points at 17,544.92.

New York's main oil futures contract, light sweet crude for delivery in July was up
12 cents at $63.27 a barrel after falling $2.05 to finish at $63.15 per barrel overnight.

Happy trading!

G.

OUTLOOK British Energy to face questions over new nuclear, profits up 62 pctOUTLOOK GCap to report slide in annual profitsOUTLOOK Antofagasta Q1 EBITDA seen rising on higher copper, molybdenum pricesAsian markets summaryAsian economic and corporate news summary

GSK downgraded to sell from neutral - Merrill Lynch
SL. initiated at underweight - target 310 - JP Morgan

The Wednesday Press Roundup

STOCKWATCH Glaxosmithkline cut to 'sell' from 'neutral' by Merrill Lynch

Thomson Financial UK at a glance share guide

STOCKWATCH Standard Life initiated as 'underweight' at JP Morgan, tgt 310pAustralian shares close sharply lower on Chinese equity sell-off

MSY downgraded to hold from buy - Deutsche Bank

STOCKWATCH BAE price target raised to 530p from 515p at Morgan StanleyTokyo shares close lower on China fall, weak industrial output

STOCKWATCH Experian price target lifted to 700p from 677p by Goldman SachsRe: First Day of Dealings

Australian shares close sharply lower on Chinese equity sell-off - UPDATE

BROKER CALL - HSBC target price raised to 161 hkd - Core Pacific YamaichiUK smallcap opening - Galleon ticks up on Pepsi Mexico deal

UK smallcap opening - Dobbies higher on bid approach confirmation

Tokyo shares close lower on China fall, weak industrial output - UPDATEUK smallcap opening - Food & Drink boosted by bumper interims

UK smallcap opening - Servocell runs back on FY revenue warning

UK smallcap opening - GCap Media drops on reduced FY profits & dividend