Good morning traders!

In the US last night, the Dow lost 6 points at 12,394, the Nasdaq rose 2 points at 2,791
and the S&P500 was flat at 1,333.

In Asia today, the Nikkei was recently up 9 points at 9,625, while the Hang Seng ended
the morning ahead 129 points at 24,279.

Crude oil traded at $108.17 a barrel on Nymex.

Gold settled at $1,454 an ounce.

Happy trading!

G.

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

AAL Citigroup: reiterated buy, tp raised to 3800 from 3700
AFR UniCredit: reiterated buy, tp raised to 233 from 177
BDEV Citigroup: downgraded to hold from buy, tp cut to 135 from 170
BKG Citigroup: buy, tp cut to 1250 from 1290
BRBY Nomura: reiterated neutral, tp reiterated 1200
BVS Citigroup: buy, tp cut to 550 from 620
BWY Citigroup: reiterated buy, tp cut to 1000 from 1050
ELM BarCap: underweight, tp raised to 130 from 104
GKN Jeffries: buy, tp 240
HMV Nomura: reiterated neutral, tp reiterated 22
IAG Credit Suisse: reiterated outperform, tp reiterated 340
III Citigroup: reiterated buy, tp cut to 340 from 365
INVP Goldman: upgraded to neutral from sell
MTO Goldman: reiterated buy, tp cut to 289 from 325
PRW UniCredit: buy, tp raised to 85 from 83
PSN Citigroup [HB]: reiterated buy, tp cut to 600 from 635
PVCS Goldman: upgraded to neutral from sell
RDW Citigroup: downgraded to hold from buy, tp cut to 135 from 156
RIO Citigroup: reiterated buy, tp raised to 5200 from 5000
SPT Morgan Stanley: initiated equal weight
TCG Citigroup: upgraded to buy from hold
TT. Citigroup: upgraded to hold from sell
TW. Citigroup: downgraded to hold from buy, tp cut to 48 from 53
YULC BarCap: overweight, tp cut to 263 from 300

End-of-day Market Overview