Hello traders!

In the US tonight, the DJIA was up 52.43 points at 12,866.78, while the S&P500
was 5.11 points higher at 1,397.68 and the Nasdaq Composite 12.75 points better
at 2,451.24.

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

G.

Morning all. Market reports:

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

While the MPC decision was widely expected in the City, experts said the Bank may have made a mistake by pausing. They added that the forthcoming minutes to the meeting were likely to reveal a continued split between the nine members.
Bank of England and ECB attacked after leaving inflation rates on hold

Interest rates are still on course to be cut next month, the City was betting last night, after the Bank of England rebuffed pleas for a move and pursued its drive to quell inflation.
City bets on interest rate cut next month

Home repossession orders are at an all-time high, according to figures to be released by the Ministry of Justice today. The Times understands that the court figures for the first quarter of this year will show that such orders have soared with the credit crunch.
Repossession orders at record high as homeowners struggle

The chairman of the Building Societies Association, Iain Cornish, told BBC Radio 4's Today programme: "We have seen a seismic shift in wholesale markets. That is obviously now starting to spill over into the wider economy, with some slowing down. I don't see things getting any worse from here but I do expect it will take 18 months to two years for confidence to return fully and work its way through the system."
Mortgage recovery 'will take two years'

The city of Vallejo, very briefly the capital of California in the middle of the 19th century, has returned to national prominence for a much less edifying reason: it is about to become the first city in the history of the state to file for bankruptcy.
City of Vallejo goes bankrupt after property crash hits taxes

AIG announced plans to raise $12.5 billion of extra cash after the worlds largest insurance group unveiled a record loss of $7.81 billion (4 billion) for its first quarter.
AIG to raise $12.5bn in cash after reporting record loss

The global free market for food and energy is facing its biggest threat in decades as a host of countries push through draconian measures to hold down prices, raising fears of a new "resource nationalism" that could endanger world food security.
Global free market for food and energy faces biggest threat in decades

Vladimir Putin, Russias new Prime Minister, has promised to transform his country into a leading economic power and he predicted that its economy would be larger than that of the UK by the end of this year.
Vladimir Putin pledges to transform economy of Russia into a world leader

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Nikkei was recently down 227.33 points at 13,715.93, while the
Hang Seng was off 473.25 points at 24,976.54.

New York's main oil futures contract, light sweet crude for June delivery, rose 62
cents to $124.31 a barrel in Asian trade after closing at a record $123.69 on
Thursday at the New York Mercantile Exchange.

Happy Friday!

G.

End-of-day Market Roundup

Have a great weekend all!

G.

no posts, Greystone ?

change of policy or what?

thanks.

It's a shame there are no updates, I used them throughout the day as a useful guide. A very good feature.