kyoto,

Thanks for the new oil chart.

Alex

Morning all - no problem Alex. Market reports:

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

The Monetary Policy Committee faced a rare three-way split this month over the fate of the Bank of England's radical quantitative easing scheme.
MPC in three-way split as chief economist warns on asset prices

Britain's banks are in a worse state that those anywhere else in the developed world and show no signs of recovery, according to the world's largest credit-checking company.
UK banks in worse trouble than others, Experian warns

After fter years in which the outcome of British elections made very little difference to bond and currency markets - all the major parties seemed to stand for pretty much the same thing in terms of the big numbers on tax and spend - the forthcoming campaign is looking as if it may actually matter. As a consequence, the capital markets have begun following the vagaries of the polls as obsessively as the political pundits.
Watch out if polls point to hung parliament

Societe-Generale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.
Soci?t? G?n?rale tells clients how to prepare for 'global collapse'

Barack Obama has warned that the US economy could head into a double-dip recession unless urgent steps were taken to rein back Americas mounting levels of public debt.
Obama harbours fear of 'double-dip recession'

Mr Paulson is among a number of hedge funds managers stocking up on the precious metal, for centuries considered a hedge against inflation, as governments around the world ramp up spending to combat recession.
Paulson hedges with plunge into new gold fund

NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

SENSEX

Good morning traders!

In the US last night, the Dow lost 11 points at 10,426, the Nasdaq fell 11 points at
2,193 and the S&P500 dropped a point at 1,110.

In Asia today, the Nikkei down 163.39 points at 9,513.41, while the Hang Seng
ended the morning off 121.18 points at 22,719.15.

Crude oil traded at $79.40 a barrel on Nymex and gold settled at $1,141 an ounce.

Happy trading!

G.

BLND Morgan Stanley: upgraded to overweight from equalweight, tp raised to 480 from 370
HIK Morgan Stanley: upgraded to overweight from equalweight, tp raised to 600
LAND Goldman: reiterated buy, tp cut to 750 from 759
MKS Credit Suisse: reiterated underperform, tp raised to 340 from 275
TLW Merrill: tp raised to 1503

End-of-day Market Overview