Good morning traders!

In the US last night, the Dow rose 96 points at 12,226, the Nasdaq added a point at
2,782 and the S&P 500 gained 7 points at 1,327.

In Asia today, the Nikkei was recently up 105 points at 10,729, while the Hang Seng
ended the morning ahead 15 points at 23,353.

Crude oil traded at $97.25 a barrel on Nymex.

Gold settled at $1,413 an ounce.

Happy trading!

G.

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

ABF JPMorgan: reiterated underweight
AFR RBS: initiated buy, tp 250
BATS Citigroup: reiterated hold, tp cut to 2450 from 2500
BET Deutsche: initiated sell, tp 830
BEZ Peel Hunt: initiated buy
BNZL JPMorgan: overweight, tp raised to 835 from 800
HSBA Deutsche: downgraded to hold from buy, tp cut to 745 from 780
HSBA Nomura: reiterated neutral, tp reiterated 725
HSBA UBS: downgraded to neutral from buy, tp cut to 720 from 800
ITRK Goldman: reiterated conviction buy, tp raised to 2774 from 2771
KLR Citigroup: reiterated buy, tp reiterated 750
LLOY Goldman: reiterated conviction buy, tp cut to 86 from 93
LOG JPMorgan: underweight, tp raised to 130 from 100
MPI UBS: reiterated neutral, tp reiterated 550
OCDO Goldman: upgraded to buy from neutral
PSON Citigroup: reiterated hold
PSON Deutsche: reiterated buy, tp raised to 1225 from 1175
PSON Goldman: reiterated neutral, tp raised to 1283 from 1227
PSON Nomura: reiterated reduce, tp raised to 1036 from 971
PSON RBS: reiterated hold, tp raised to 1100 from 1015
SHP Goldman: reiterated conviction buy, tp raised to 2100 from 2000
SPT Citigroup: reiterated buy
TCG Morgan Stanley: equal weight, tp cut to 220 from 230
TT. Morgan Stanley: equal weight, tp cut to 240 from 250
ULE Deutsche: reiterated hold, tp raised to 1645 from 1610
ULE UBS: reiterated neutral, tp cut to 1750 from 1800
VED UBS: reiterated neutral, tp cut to 2400 from 2500

End-of-day Market Overview