Good morning traders!

In the US last night, the Dow fell 19 points at 11,457, the Nasdaq lost 11 points at 2,617
and the S&P500 shed 6 points at 1,235.

In Asia today, the Nikkei was recently up 11 points at 10,321, while the Hang Seng ended
the morning off 87 points at 22,889.

Crude oil traded at $88.55 a barrel on Nymex.

Gold settled at $1,380 an ounce.

Happy trading!

G.

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

BA. Goldman: conviction sell, tp cut to 290 from 300
BNZL Goldman: reiterated neutral, tp cut to 784 from 821.5
CNA Goldman: reiterated buy, tp raised to 454 from 444
DRX Goldman: reiterated neutral, tp cut to 489 from 495
IMG Goldman: reiterated conviction buy, tp raised to 550 from 515
IMG RBS: reiterated buy, tp cut to 470 from 484
KGF HSBC: reiterated overweight, tp raised to 310 from 307
MTC Goldman: downgraded to neutral from buy, tp cut to 650 from 652
NG. Goldman: reiterated conviction sell, tp cut to 529 from 541
NWG Goldman: upgraded to neutral from sell, tp raised to 379 from 344
PNN Goldman: downgraded to neutral, tp cut to 666 from 704
REX UBS: reiterated buy, tp reiterated 370
SGC RBS: upgraded to hold from sell, tp raised to 200 from 165
SNR Jeffries: reiterated buy, tp raised to 170 from 165
SNR RBS: buy, tp raised to 164 from 161
SSE Goldman: tp cut to 1061 from 1107
SVT Goldman: reiterated neutral, tp raised to 1563 from 1483
TPK Citigroup: buy, tp raised to 1360 from 930
TPK Deutsche: initiated buy, tp 1195
UU. Goldman: sell, tp raised to 619 from 593

End-of-day Market Overview