Morning all. Market reports:

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

The Chinese President has snubbed pleas from President Barack Obama for Beijing to revalue the Chinese yuan. It leaves relations between the so-called G2 at a fresh low, and raises fears of a trade war. Calls from the US Congress to formally label China a currency manipulator will intensify in the wake of the current failed round of talks.
US-China trade war over yuan edges closer

Global fund managers have changed their views of the euro area dramatically since the Greek crisis erupted last year and exposed the deep structural flaws in monetary union.
Funds shun Europe as 'no-go zone' after Greek crisis

Global economic recovery could be put at risk if oil prices remain above $80 (50) a barrel, the International Energy Agency (IEA) has warned.
Oil above $80 could stall global economic recovery , says IEA

The City watchdog has fined two former senior executives at Northern Rock a total of 644,000 for hiding debt before the banks near-collapse in September 2007.
Northern Rock executives fined 644,000 by FSA for hiding banks debts

The taxman has come under fire after a man who tried to claim a rebate after overpaying his taxes received a hefty fine for making a mistake in his sums.
Man owed 1,000 tax rebate fined 1,400 for getting sums wrong

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBP/USD
GBP/EUR	NYMEX CRUDE	GOLD

Good morning traders!

In the US last night , the Dow added 13 points at 11,019, the Nasdaq gained 8 points
at 2,466 and the S&P500 rose a point to 1,197.

In Asia today, the Nikkei was up 13.34 points at 11,174.57, while the Hang Seng
ended the morning off 13.7 points at 22,089.83.

Crude oil traded at $84.29 a barrel on Nymex.

Happy trading!

G.

Midday Market Overview

One for the "UPS"
BXP 42.50p ( 42 - 43p )
Reason : The retracement is done, now due for the next move up, and continue with the UPTREND. In Bangladesh is trading at 176.50p, so is on a deep discount over here for this profitable pharma. Dual listing is expected any time and then the rise shoul be really large.

Intraday

2 month Candlestick with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

End-of-day Market Overview