Morning all. Market reports:

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

We are reaching the endgame for quantitative easing, experts declared as the worlds major central banks indicated that they may soon bring the radical monetary policy experiment to an end.
Bank of England signals the end is nigh for quantitative easing

Fears over the fragility of Britains economy were heightened yesterday as Bank of England rate-setters voted to print a further 25 billion to stimulate growth.
Worry over the economy worsens as Bank agrees further 25bn stimulus

Neither alive nor dead, the UK economy is in limbo land, staggering along courtesy of taxpayer billions, low interest rates and a short-term VAT cut.
Zombie economy promises frights in store for us all

UBS has been hit by an 8m fine from the Financial Services Authority (FSA) - the third-largest fine in the watchdog's history - after an investigation revealed four employees of the Swiss-based bank had gambled tens of millions of pounds of customers money without permission.
UBS fined 8m over gambling with clients' cash

Carbon traders have refuted claims that the European emissions trading market is the next sub-prime crisis, after a report by Friends of the Earth called for the system to be abolished.
Carbon traders deny sub-prime crisis brewing

Ron Rowland, editor of Invest with an Edge, is very excited. Hes just discovered that Charles Schwab is upping the ante on the exchange-traded fund industry by launching commission free ETFs. In fact, four such funds were launched on Wednesday: Meanwhile, Charles Schwab arent being as innovative as they might think. The FT reported on Monday that Deutsche Banks db x-trackers in Europe has been in on the no-commission game since July.
Did someone say commission-free ETFs?

Mr Murdoch, chairman of the media conglomerate whose British newspapers include the Sunday Times and the Sun, said that he cant promise that hell meet his own deadline. The media magnate did not give a reason for the delay, but said that we are all working very hard on delivering the pay solution, and that it remains a work in progress.
Rupert Murdoch delays plans to charge for online news

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

SENSEX

Good morning traders!

In the US last night, the Dow climbed 204 points to 10,006, the Nasdaq added 50
points at 2,105 and the S&P500 gained 20 points at 1,067.

In Asia today, the Nikkei was up 52.22 points at 9,769.66, while the Hang Seng
ended the morning ahead 361.92 points at 21,841.

Crude oil traded at $80.01 a barrel on Nymex.

Happy Friday!

G.

ANTO Citigroup: upgraded to buy, tp raised to 990 from 850
FQM Citigroup: hold, tp raised to 4675 from 4400
FXPO Citigroup: upgraded to buy, tp raised to 200 from 180
GPOR JPMorgan: upgraded to overweight from neutral, tp 275
SN. Nomura: neutral
TATE Shore: reiterated hold
UBM Altium: buy, tp 577
VED Citigroup: hold, tp raised to 2350 from 2300

Twitter Updates
more >>

Considering that New York was up over 200 points ,the FTSE has not moved at all. Disappointing.

Opening Market Overview

Chessplayer - New York benefited from upbeat economic data - London doesn't have that luxury....;)

End-of-day Market Overview

Have a great weekend all!

G.