Morning all. Market reports:

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

US central bank says high unemployment and low inflation likely to mean exceptionally low fed funds rate for extended period.
Fed leaves interest rate close to zero and intends to keep it there for at least six months

The Federal Reserve reiterated its desire to keep American interest rates exceptionally low for an extended period, but gradually reduce some of its quantitative easing as the US economy begins to recover.
US to reduce Quantitative Easing as rates kept low

The World Bank has upgraded its 2009 economic growth forecast for China to 8.4pc on the back of huge public spending but warned stronger domestic demand was needed to ensure a sustainable recovery.
World Bank upgrades China growth forecast

Gold hit record highs above $1,095 an ounce on Wednesday as dollar weakness added to momentum lent to the market by India's purchase of 200 tonnes of gold from the IMF to push prices through key technical resistance levels.
Gold price poised to test $1,100 as it sets new record

Vast amounts of oil lie in the bitumen-rich sands of Northern Canada, but whether oil companies choose to spend billions extracting them will hinge on decisions made 6,000 miles away in Denmark next month.
Copenhagen talks could leave oil industry with a sinking feeling

Algorithmic FX trading bots - which use computer formulae to trade currencies at high frequency - apparently dont like news releases, or at least, not initially, according to a new working paper from the Federal Reserve. In fact, when big' economic news releases - such as US nonfarm payrolls - first appear, the trading bots back away.
Why trading machines dont like news releases

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

SENSEX

Good morning traders!

In the US last night, the Dow added 30 points at 9,802, the Nasdaq lost 2 points
at 2,056 and the S&P500 rose a point to 1,047.

In Asia today, the Nikkei was down 113.29 points at 9,731.02, while the Hang Seng
ended the morning off 196.46 points at 21,418.31.

Crude oil traded at $79.92 a barrel on Nymex, while gold settled at $1,089 an ounce.

Happy trading!

G.

End-of-day Market Overview