Good morning traders!

In the US last night, the Dow eased a point at 12,213, the Nasdaq fell 14 points at 2,752
and the S&P500 shed 2 points at 1,320.

In Asia today, the Nikkei was recently down 157 points at 10,433, while the Hang Seng
ended the morning off 149 points at 23,661.

Crude oil traded at $104.71 a barrel on Nymex.

Gold settled at $1,430 an ounce.

Happy trading!

G.

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

AML Morgan Stanley: overweight, tp 467
ANTO Citigroup: reiterated sell, tp raised to 1310 from 1300
ARM JPMorgan: reiterated underweight, tp reiterated 220
CNA Nomura: reiterated buy, tp reiterated 395
DEB Nomura: neutral, tp reiterated 81
DEB UBS: reiterated neutral, tp reiterated 65
EGU Goldman: reiterated buy, tp reiterated 1400
FCAM Citigroup: reiterated hold, tp cut to 90 from 95
JPR Investec: hold, tp cut to 12 from 18
KGF Goldman: reiterated buy, tp reiterated 319
MNZS JPMorgan: reiterated overweight
MRO JPMorgan: reiterated overweight
NWR Morgan Stanley: equal weight, tp raised to 1100 from 1050
PFL UBS: reiterated sell, tp reiterated 275
PRU Goldman [HB]: tp raised to 795 from 760
PRU Nomura: reiterated reduce, tp raised to 735 from 700
RTN Citigroup: buy, tp raised to 365 from 320
RTN UBS: reiterated buy, tp raised to 340 from 320
SHP Morgan Stanley: upgraded to overweight from equal weight, tp raised to 2210 from 1650
SPD Citigroup: reiterated buy, tp raised to 215 from 200
SPT JPMorgan: reiterated neutral, tp reiterated 154
SPX Citigroup: reiterated buy, tp raised to 2400 from 2298
SPX Credit Suisse: tp raised to 2230 from 2055
SRP UBS: reiterated buy, tp raised to 670 from 640
TLPR UBS: reiterated neutral, tp reiterated 380
TLW UBS: reiterated buy, tp cut to 1620 from 1650
WEIR Goldman: reiterated buy, tp reiterated 2521
WPP HSBC: overweight, tp raised to 955 from 840

End-of-day Market Overview