Good morning traders!

In the US last night, the Dow rose 20 points at 11,691, the Nasdaq lost 10 points at
2,681 and the S&P500 shed 2 points at 1,270.

In Asia today, the Nikkei was recently down 25 points at 10,373, while the Hang Seng
ended the morning up 20 points at 23,688.

Crude oil traded at $89.29 a barrel on Nymex.

Gold settled at $1,383 an ounce.

Happy trading!

G.

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

ABF Investec: downgraded to hold from buy
AGS RBS: downgraded to hold from buy
BAY BarCap: tp raised to 370 from 360
BAY Deutsche: upgraded to buy from hold, tp raised to 330 from 290
BET Morgan Stanley: reiterated equal weight, tp cut to 1400 from 1480
BSY RBS: upgraded to buy from hold
CPG Morgan Stanley: downgraded to equal weight from overweight, tp 610
DLAR UBS: reiterated neutral, tp reiterated 845
EZJ Deutsche: reiterated buy, tp reiterated 630
FUTR Investec: downgraded to hold from buy
IMT Investec: upgraded to buy from hold
ITE UBS: reiterated buy, tp raised to 310 from 290
ITV RBS: reiterated buy, tp raised to 100 from 90
LGEN JPMorgan: tp raised to 119 from 110
LLOY JPMorgan: underweight, tp cut to 63 from 66
NPE Canaccord: reiterated buy, tp raised to 522 from 465
NWG JPMorgan: reiterated neutral, tp raised to 335 from 325
OCDO UBS: downgraded to neutral from buy, tp raised to 197 from 167
PMO UBS: reiterated buy, tp raised to 2440 from 2340
RWS Peel Hunt: initiated buy, tp 420
SN. Investec: reiterated buy, tp raised to 703 from 633
STJ UBS: initiated buy, tp 334
SVT JPMorgan: downgraded to neutral from overweight, tp raised to 1430 from 1380
WPP RBS [HB]: downgraded to hold from buy

End-of-day Market Overview