Morning all. Market reports:

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

Shocked European ministers are preparing for emergency talks to shore up the euro after markets fell in reaction to panic measures in Germany.
Euro in danger: Germans trigger panic over future of single currency

The euro rose from a four-year low against the dollar on Wednesday to notch its best one-day gain in New York in more than a year as traders bought the currency on speculation European monetary officials might support it.
Euro rallies from four-year dollar low on ECB intervention hopes

One of Asias largest investment funds is poised to deliver a major blow to the euro as financial institutions across the region lay large bets against the faltering currency.
Asia funds bet against the faltering euro as investors lose nerve

The US Federal Reserve has indicated that a rise in interest rates remains far off, despite taking a slightly rosier view of the American economy.
No increase in interest rates yet, says Fed

More than one homeowner in ten in the United States missed at least one mortgage payment in the first quarter of the year, setting a record that suggests Americas housing and repossession crisis is far from over.
Americas one in ten still suffering in loan crisis

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 lost 67 points at 10,444, the Nasdaq Composite fell
19 points at 2,298 and the S&P500 shed 6 points at 1,115.

In Asia today, the Nikkei was last down 103.31 points at 10,083.53, while the Hang
Seng ended the morning off 99.97 points at 19,479.01.

Crude oil traded at $70.14 a barrel on Nymex.

Gold setted at $1,198 an ounce.

Happy trading!

G.

End-of-day Market Overview