NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

Morning!

ABF Jeffries: initiated buy, tp 860
BARC ING: reiterated hold, tp raised to 300 from 275
HOME Morgan Stanley: upgraded to equalweight from underweight
LLOY Macquarie: upgraded to neutral from underperform
RBS Macquarie: downgraded to underperform from neutral
REL Morgan Stanley: downgraded to equalweight from overweight
RIO UBS: reiterated buy
SBRY ING: downgraded to hold from buy, tp cut to 330 from 360
TATE Jeffries: initiated hold, tp 328
XTA Citigroup: upgraded to buy from hold
XTA Morgan Stanley: upgraded to overweight from equalweight

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