Good morning traders!

In the US last night, the Dow fell 26 points at 11,697, the Nasdaq rose 8 points at 2,710
and the S&P500 shed 3 points at 1,274.

In Asia today, the Nikkei was recently up 20 points at 10,550, while the Hang Seng ended
the morning ahead 21 points at 23,807.

Crude oil traded at $88.86 a barrel on Nymex.

Gold settled at $1,370 an ounce.

Happy Friday!

G.

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

ADN JPMorgan: reiterated overweight
AMEC BarCap: initiated equal weight, tp 1350
AMEC Deutsche: tp raised to 1300 from 1200
BATS Citigroup: downgraded to hold from buy
BG. Deutsche: upgraded to buy from hold
BP. Deutsche: buy, tp raised to 580 from 520
CCL Nomura: reiterated buy, tp raised to 3870 from 3300
CTH Investec: reiterated hold, tp cut to 302 from 393
CW. Citigroup: reiterated hold, tp cut to 68 from 80
DAY JPMorgan: initiated overweight, tp 157
ESSR Deutsche: buy, tp raised to 610 from 520
GKN UBS: reiterated neutral, tp raised to 220 from 180
HAS Goldman: reiterated neutral, tp raised to 154 from 121
HAS JPMorgan: overweight, tp raised to 149 from 125
HAS Merrill: tp raised to 130 from 116
IAP UBS: reiterated neutral, tp raised to 520 from 470
IMT Citigroup: downgraded to hold from buy
JD. Investec: buy, tp raised to 1010 from 970
JKX Oriel: downgraded to hold
LSE UBS: reiterated neutral, tp raised to 830 from 730
MTC UBS: reiterated neutral, tp cut to 600 from 620
NXT RBS: upgraded to buy from hold, tp raised to 2325 from 2090
RDSB Deutsche: buy, tp raised to 2550 from 2420
RWA Seymour: downgraded to hold from add
SAB Goldman: upgraded to buy from neutral, tp raised to 3137 from 2115
SMWH Goldman: neutral, tp raised to 544 from 530
SN. UBS [HB]: downgraded to neutral from buy, tp raised to 725 from 660
SSE S&P: downgraded to sell from hold, tp cut to 1100
TLPR UBS: reiterated neutral, tp raised to 380 from 350

End-of-day Market Overview