Good morning traders!

In the US last night, the Dow rose 62 points at 12,288, the Nasdaq added 21 points at
2,826 and the S&P500 gained 8 points at 1,336.

In Asia today, the Nikkei was recently up 17 points at 10,825, while the Hang Seng ended
the morning little changed at 23,157.

Crude oil traded at $85.04 a barrel on Nymex.

Gold settled at $1,377 an ounce.

Happy trading!

G.

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

AFR JPMorgan: reiterated overweight, tp raised to 170 from 145
AFR Morgan Stanley: reiterated overweight, tp raised to 220 from 185
AGK HSBC: reiterated overweight, tp reiterated 1690
AQP Morgan Stanley: downgraded to equal weight from overweight, tp reiterated 450
BLND SocGen: buy, tp cut to 630 from 650
BLND UBS: reiterated buy, tp raised to 600 from 560
BLT Citigroup [HB]: reiterated buy, tp raised to 3000 from 2700
BLT Deutsche: reiterated buy, tp cut to 2940 from 2970
BLT HSBC: reiterated neutral, tp reiterated 2650
BLT SocGen: reiterated hold, tp cut to 2340 from 2385
CNE JPMorgan: upgraded to overweight from neutral, tp raised to 450 from 400
ENQ JPMorgan: downgraded to neutral from overweight, tp raised to 130 from 125
FXPO Morgan Stanley: reiterated overweight, tp reiterated 550
GMG UBS: reiterated neutral, tp raised to 65 from 62
HSBA Morgan Stanley: reiterated equal weight, tp reiterated 800
IHG JPMorgan: reiterated overweight, tp raised to 1672 from 1586
LLOY Nomura: reiterated buy, tp reiterated 80
MGCR Citigroup: reiterated buy, tp reiterated 350
MGCR Jeffries: reiterated buy, tp raised to 350 from 280
MSLH Citigroup: downgraded to hold from buy, tp raised to 120 from 110
RBS Nomura: reiterated reduce, tp reiterated 41
SIA JPMorgan: reiterated overweight, tp reiterated 400
TLW Deutsche: reiterated hold, tp cut to 1335 from 1345
TLW JPMorgan: overweight, tp raised to 1500 from 1460
WG. RBS: reiterated hold, tp raised to 675 from 575
WPP S&P: buy, tp raised to 940 from 800

End-of-day Market Overview