Morning all. Market reports:

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

The warmth is spreading all over Asia-Pacific at the moment - and Taiwans central bank moved on Thursday to cool things down round its neck of the woods. Inflows of hot money are also sloshing around the Philippines at the moment, according to local media. But its pretty obvious that theres a wider story here for Taiwans hot money problem - China.
Asia is getting a little hot (money) under the collar

Germany takes its fear of financial speculators to new heights by suggesting it may deploy spies to monitor investors who target currencies.
German spies may target speculators

On Monday, the CFTC will issue its decision on leverage caps in the forex punting business. Its a make or break moment for all those firms that offer margin trading to those wanting to play currency pairs.
Retail FX hustlers await their fate

This retail FX operation, FxPro, purports to offer its clients 500/1 leverage. So if you put up $2k you can trade $1m - just like a professional. And if the currency pair moves 0.02 per cent the wrong way, you are get wiped out - just like an idiot. Anyone feeling nervous for some reason should know that clients of FxPro are covered under the Investor Compensation Fund. In Cyprus.
Say thank you to MiFID

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 46 points at 10,779, the Nasdaq rose 2
points at 2,391 and the S&P500 was flat at 1,166.

In Asia today, the Nikkei was up 73.76 points at 10,817.79, while the Hang
Seng ended the morning off 42.38 points at 21,288.29.

Crude oil traded at $81.93 a barrel on Nymex.

Happy Friday!

G.

End-of-day Market Overview