Morning all. Market reports:

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

UniCredit has alerted investors in a client note that Britain is at serious risk of a bond market and sterling debacle and faces even more intractable budget woes than Greece.
Europe's banks brace for UK debt crisis

The triple A rating of the US is at risk, S&P has warned, unless the country adopts a credible medium-term plan to rein in fiscal spending. In a report published on Thursday, the ratings agency said that there were risks that external creditors could reduce their US dollar holdings, especially if they conclude that eurozone members are adopting stronger macroeconomic policies.
S&P warns over Americas top-tier rating

Japans economy grew less than originally expected in the fourth quarter of 2009, but the revised gross domestic product data unveiled on Thursday confirmed the strength of the cyclical recovery.
Japan confirms strength of cyclical recovery

JP Morgan Chase and Citigroup helped cause the illiquidity that led to the collapse of Lehman Brothers, the bankrupt banks examiner said today in a report filed in Manhattan federal court.
JP Morgan and Citigroup contributed to Lehman's collapse, says US examiner

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE

KOSPI	SENSEX
NYMEX CRUDE	GOLD	VIX

Good morning traders!

In the US last night, the Dow gained 45 points at 10,612, the Nasdaq rose 10
points at 2,368 and the S&P500 was up 5 points at 1,150.

In Asia today, the Nikkei was up 87.91 points at 10,752.86, while the Hang Seng
ended the morning off 16.84 points at 21,211.36.

Crude oil traded at $82.20 a barrel on Nymex.

Happy Friday!

G.

End-of-day Market Overview