Morning all. Market reports:

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

The European Commission revised down its forecasts for the UK economy in 2009, but said that recovery in 2010 and 2011 would outpace that of the Euro area.
UK recovery to outstrip Euro area, EC says

The Bank of England's Monetary Policy Committee is facing one of the toughest decisions in its decade-long history. Observers expect fireworks at its two-day meeting, starting today, with a split committee facing a crucial vote on whether to extend the Bank's policy of quantitative easing (QE), which has already injected over ?150bn of potential spending power directly into the economy.
Bank of England faced with its biggest split on policy in a decade

The gold spot price hit a new high of $1,078 an ounce yesterday after India said that it would buy 200 tonnes of the precious metal from the International Monetary Fund (IMF).
Indias $6.7bn taste for gold sends price soaring

Chinese demand is one of the few bright spots in a generally depressed crude oil market. The phenomenally high amount of crude oil (and refined products) in storage around the world, meanwhile, is a big cause for concern for anyone wishing to see a demand upstick.
Chinese oil stocks data are going, going, gone

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

SENSEX

Good morning traders!

In the US last night, the Dow slipped 18 points to 9,772, the Nasdaq added 8 points
at 2,057 and the S&P500 gained 3 points at 1,045.

In Asia today, the Nikkei was up 30.89 points at 9,833.84, while the Hang Seng
ended the morning up 346.67 points at 21,586.73.

Crude oil traded at $79.44 a barrel on Nymex.

Happy trading!

G.

End-of-day Market Overview