Morning all. Market reports:

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

The first tax, a Financial Stability Contribution, would be a levy to fund any future government support. The second would be a Financial Activities Tax on the sum of the profits and remuneration of financial institutions.
Leaked IMF document urges two new taxes for banks

Rising government debt is creating new risks to global financial stability, the IMF has warned. It said that the increase in sovereign debt would put new pressure on lending markets just as the worlds banks try to refinance about $5 trillion in short-term borrowings.
Sovereign debt rise poses new threat to global economy

The Bank of Spain released the February data for Spanish banks non-performing loans on Monday, and the details arent pretty. Credit quality continued to deteriorate in February, with non-performing loans totaling 5.39%, compared with 5.30% at January 2010 (over the past 30 years, the NPL rate has increased 2bps on average in the month of February). Year on year, such loans are up 25%.
The non-performing pain in Spain goes on, and on

Inflation surged by more than expected last month, raising fears that the Bank of England may be forced to raise the interest rate sooner than expected.
Pressure on interest rates after suprise inflation jump

The 2,200 page report which uncovered the murky world of Repo 105 and off-balance sheet accounting at Lehman Brothers may provide the basis for charges from the Securities and Exchange Commission (SEC), the regulator's former head has warned.
SEC 'could bring' charges over Lehman

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 rose 25 points at 11,117, the Nasdaq added 20
points at 2,500 and the S&P500 gained 10 points at 1,207.

In Asia today, the Nikkei was up 172.48 points at 11,073.16, while the Hang Seng
ended the morning ahead 26.38 points at 21,649.76.

Crude oil traded at $84.29 a barrel on Nymex.

Happy trading!

G.

Opening Market Overview

One for the "UPS" selected a bit earlier

SPI 33.625p ( 33.50 / 33.75p )

Moving higher with volume since yesterday. Bouncing from the 1 month long bottom

Intraday

2 month Candlestick with volume and 50 days Moving Average

4 month candkestick with Indicators ad support /resistance
3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Closing Market Overview