Morning all. Friday's market reports:

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

Saturday

The benchmark interbank lending rate fell to its lowest ever level, as the money markets gave an initial reaction to the Bank of England's decision to slash interest rates by a full percentage point to 2pc on Thursday.
Libor falls to lowest ever level after MPC cuts interest rates to 2pc

Clive Cowdery has put an end to the capital-raising drought in the City, announcing yesterday that he had successfully raised 600 million for his new acquisition vehicle, Resolution.
Clive Cowdery raises 600m for Resolution

More than 20 million savers have seen their chances of making money on Premium Bonds drastically reduced as interest rate cuts hit Britain's most popular investment.
Premium bonds 'worthless' as savers see their chances of prizes fall drastically

Sunday

The White House and Democrats in Congress are this weekend working on details of the package to provide about $15bn (10bn) in loans to General Motors, Ford and Chrysler. The legislation is being crafted for the beleaguered industry, which has called for a government bailout as the global recession has led to plunging sales of cars.
Congress agrees to bail-out of Ford, GM and Chrysler

Debt deflation is tightening its grip over the entire global system. Interest rates are creeping towards zero in Japan, America, and now across most of Europe.
Deflation virus is moving the policy test beyond the 1930s extremes

The UK economy will shrink by 1.2 per cent next year and, with Germany, will experience the most rapid slowdown in the developed world, says a forecast published this weekend.
UK and Germany in most rapid downturn, says forecast

It has been a turbulent year for On-Line plc, a small investment firm worth 1m. It owns stakes in financial websites ADVFN and All IPO and its shares have tumbled 54% in 12 months. In a bear market, such a performance does not make On-Line unusual. However, its latest method for motivating staff through incentive schemes that offer them share options is more out of the ordinary.
Options under water

Monday

President-elect Barack Obama has warned that things are going to get worse before they get better as he outlined details of an economic stimulus package that could reach $1 trillion and is designed to lift the United States out of recession.
Barack Obama unveils $1 trillion economic stimulus package

Deflation, the financial spectre that stalked Japanese industry for nearly a decade, may be returning to the world's second-biggest economy in a perfect storm of crashing commodity prices and a surging yen.
Spectre of deflation returns to haunt Japan

The value of Britain's offices and factories will more than halve by the end of next year, making this an even worse commercial property crash than in the 1970s, surveyors have predicted.
Office space set to halve in value

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX

Good morning traders!

In Asia today, the Nikkei closed up 411.54 points at 8,329.05, while the Hang Seng
closed the morning up 1,040.57 points at 14,886.66.

Happy trading!

G.

Midday Market Overview

FSA says UK shareholders' details found on fraud database

That explains the U.S. boiler room calls I get occasionally. I quite enjoy winding them up.

End-of-day Market Overview

"The personal details of 11,000 British shareholders have been found on a database used by fraudsters who specialise in 'boiler room' share sale scams, the UK's Financial Services Authority said on Monday."

Only 11,000, quite an elite club, I'm honoured! ;O)

MM, yes, it is good when you string them along and just when they think they've got you, tell 'em they've been had and put the phone down! I can never feel any remorse!!