Good morning traders!

In the US last night, the Dow rose 7 points at 12,271, the Nasdaq gained 17 points at
2,762 and the S&P500 was flat at 1,314.

In Asia today, the Nikkei was recently down 32 points at 9,610, while the Hang Seng
ended the morning off 98 points at 24,037.

Crude oil traded at $107.33 a barrel on Nymex.

Gold settled at $1,459 an ounce.

Happy trading!

G.

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

AMEC UniCredit: initiated buy, tp 1400
ASC Citigroup: reiterated buy, tp raised to 2300 from 2100
ASC JPMorgan: neutral, tp raised to 1900 from 1320
ATK Credit Suisse: upgraded to neutral from underperform
DRX Goldman: reiterated conviction buy, tp raised to 590 from 576
GKN UBS: reiterated neutral, tp reiterated 220
GSK Citigroup: reiterated hold
IAG HSBC: initiated overweight, tp 335
IHG Morgan Stanley: overweight, tp raised to 1650 from 1500
MLC Morgan Stanley: equal weight, tp raised to 660 from 590
PFC UniCredit: initiated buy, tp 1700
PSON Morgan Stanley: overweight, tp raised to 1300 from 1150
PUB Credit Suisse: reiterated outperform, tp cut to 100 from 116
RIO UBS: reiterated buy, tp 5645
RMV JPMorgan: reiterated overweight, tp raised to 1110 from 936
SMIN Morgan Stanley: underweight, tp raised to 1250 from 1120
TSCO UBS: reiterated neutral, tp 410
WG. UniCredit: initiated buy, tp 750
XTA Nomura: reiterated buy, tp reiterated 2200

End-of-day Market Overview