Good morning traders!

In the US last night, the Dow shed 20 points at 11,362, the Nasdaq Composite rose 3 points
at 2,595 and the S&P500 lost 2 points at 1,223.

In Asia today, the Nikkei was last down 20 points at 10,147, while the Hang Seng ended
the morning ahead 131 points at 23,369.

Crude oil traded at $89.20 a barrel on Nymex.

Gold settled at $1,421 an ounce, while silver touched a 30-year high, topping $30 an ounce.

Happy trading!

G.

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

AML UBS: buy, tp cut to 430 from 446
AZN Credit Suisse: downgraded to underperform from neutral
BKG UBS: reiterated buy, tp raised to 1182 from 1102
BRE UBS: neutral, tp cut to 1070 from 1100
CGL UBS: buy, tp cut to 420 from 490
DSC JPMorgan: upgraded to overweight from underweight
DTE Canaccord: buy, tp raised to 70 from 50
GSK Credit Suisse [HB]: upgraded to neutral from underperform
HSX UBS: buy, tp raised to 400 from 393
MTO HSBC: downgraded to underweight from neutral
PRW Goldman: reiterated buy, tp cut to 83 from 140
PRW Investec: reiterated buy, tp cut to 70 from 160
RR. Goldman: reiterated conviction buy, tp raised to 830 from 810
SGE JPMorgan: neutral, tp raised to 300 from 248
SGP Execution: initiated sell
SMIN Credit Suisse: outperform, tp raised to 1330 from 1250
SMP JPMorgan: upgraded to overweight from neutral
TT. Credit Suisse: neutral, tp raised to 235 from 207
ULVR Investec: buy, tp cut to 2200 from 2300
ULVR Morgan Stanley: upgraded to overweight from underweight

End-of-day Market Overview