Good morning traders!

In the US last night, the Dow jumped 128 points at 12,570, the Nasdaq rose 38 points at
2,835 and the S&P500 added 14 points at 1,345.

In Asia today, the Nikkei was recently up 19 points at 9,713, while the Hang Seng ended
the morning down 33 points at 23,651.

WTI crude oil traded at $102.87 a barrel and gold settled at $1,530 an ounce.

Welcome to June!

G.

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBPUSD
GBPEUR	NYMEX CRUDE	GOLD

BG. HSBC: overweight, tp cut to 1755 from 1835
BLND Citigroup: downgraded to hold from buy, tp raised to 610 from 580
BLND Morgan Stanley: reiterated overweight, tp raised to 730 from 630
BVIC Citigroup [HB]: reiterated buy, tp reiterated 500
BYG Morgan Stanley: downgraded to equal weight from overweight, tp cut to 400 from 410
CAPC Morgan Stanley: reiterated underweight, tp raised to 190 from 145
CSCG Morgan Stanley: downgraded to underweight from equal weight, tp raised to 420 from 410
DLN Morgan Stanley: reiterated overweight, tp raised to 2130 from 1930
DMGT UBS: reiterated neutral, tp raised to 535 from 485
EMG Credit Suisse [HB]: reiterated neutral, tp raised to 270 from 250
GPOR Morgan Stanley: reiterated overweight, tp raised to 520 from 450
HMSO Morgan Stanley: upgraded to equal weight from overweight, tp raised to 560 from 500
IMT UBS: reiterated buy, tp reiterated 2385
LAND Citigroup: reiterated buy, tp raised to 930 from 765
LAND Morgan Stanley: reiterated overweight, tp raised to 980 from 830
LLOY Morgan Stanley: reiterated underweight, tp cut to 53 from 57
LSP Morgan Stanley: downgraded to underweight from equal weight, tp raised to 140 from 130
MGGT UBS: reiterated buy, tp reiterated 400
PAY UBS: reiterated neutral, tp raised to 510 from 410
RIO Citigroup: reiterated buy, tp reiterated 5200
SGRO Morgan Stanley: reiterated overweight, tp raised to 410 from 400
SRP JPMorgan: reiterated overweight, tp 730
TATE Credit Suisse: reiterated neutral, tp 625
TATE Deutsche: reiterated buy, tp raised to 785 from 725

End-of-day Market Overview