Hello traders!

In the US tonight, inflation fears fueled by higher oil prices, a surge in bond yields and more talk of interest rate increases by the Federal Reserve sent blue chips into a triple-digit swan dive, their third straight day of losses.

The Dow Jones Industrial Average closed down 107 points at 10,805.62, while the S&P500 fell 12.42 points to 1,207.01. The Nasdaq Composite ended the day down 12.26 points at 2,061.29.

Doesn't bode well for morning, but we'll see..... :-)

G.

Good morning traders!

I'm afraid the Asian markets have all followed Wall Street's lead and dived. In Tokyo, the Nikkei has just closed down 101.78 points at 11,864.91.

Off to find some UK news.....

Happy trading!

G.

WOOD GROUP UPPED TO 'OVERWEIGHT',SAIPEM CUT TO 'EQUAL-WEIGHT' BY MORGAN STANLEY

BRITANNIC TO BUY CENTURY GROUP FOR 43.7 MLN STG CASH

BT AND REUTERS IN NETWORK SERVICES DEAL WORTH OVER 3 BLN USD

Morning

GMC - here we go again?
http://www.uk-wire.com/cgi-bin/articles/20050310070000Z1577.html

TVC - deeal with SEA
http://www.uk-wire.com/cgi-bin/articles/200503100700025393J.html

PEN - joint venture, minnow
http://www.uk-wire.com/cgi-bin/articles/200503100700035419J.html
http://www.uk-wire.com/cgi-bin/articles/200503100700045462J.html

TFC - traffic info for London
http://www.uk-wire.com/cgi-bin/articles/200503100700045474J.html

ASO - "comfortably ahead" of forecasts
http://www.uk-wire.com/cgi-bin/articles/200503100700045479J.html

AST - Hungarian oil and gas. That's a new one!
http://www.uk-wire.com/cgi-bin/articles/200503100700065527J.html

CPK - parks expansion. It's all been downhill since floating really.
http://www.uk-wire.com/cgi-bin/articles/200503100700075532J.html

SBE - Russian taxes. Hmm
http://www.uk-wire.com/cgi-bin/articles/200503100700095568J.html

PAY - ahead of expectations
http://www.uk-wire.com/cgi-bin/articles/200503100700135599J.html

PRV - this looks like very good news!
http://www.uk-wire.com/cgi-bin/articles/200503100700185619J.html

ROC - struck oil this time in Oz
http://www.uk-wire.com/cgi-bin/articles/200503100700315650J.html

HYWD - I had profit and divi payable. Results have loss and no divi. Hmm.
http://www.uk-wire.com/cgi-bin/articles/200503100700055522J.html

FWY - seem to have made forecasts. Compuerlink results too
http://www.uk-wire.com/cgi-bin/articles/200503100700105582J.html
http://www.uk-wire.com/cgi-bin/articles/200503100700105586J.html

AKT - costs all increased, but plenty of funding?
http://www.uk-wire.com/cgi-bin/articles/200503100700205623J.html

ADN - been plodding away on recovery trail quite nicely. Loss of contract, but cash input
http://www.uk-wire.com/cgi-bin/articles/200503100705015606J.html

Just a few pickings. My last day, so watching, pruning, etc continues.

Have a good one.

Morning all.

Last day (!) Big AL?

Morning all. Everything heading lower today then!! Buying opportunities will come.

Morning all,wish they would druid.

I've had a limit buy on HSBC @ 850 for about 4 months now - It keeps getting very close, but just does not get close enough!

lw - back to work. It won't be permanent! ;-)

You too!

I don't know about the company you are going to work for, but mine makes me do 8-5, plays havock with watching whats going on, let alone trading!

HSBC finally dropped! Now they need to stop dropping!