Good morning traders!

In the US last night, the Dow fell 84 points at 12,724, the Nasdaq lost 13 points at 2,828
and the S&P500 shed 9 points at 1,347.

In Asia today, the Hang Seng ended the morning down 28 points at 23,288. Tokyo markets
remain closed for public holidays.

WTI crude oil traded at $108.49 a barrel and gold settled at $1,521 an ounce.

Happy trading!

G.

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

ANTO Deutsche: upgraded to buy from hold, tp cut to 1450 from 1510
ANTO Goldman: reiterated buy, tp reiterated 1950
ANTO UBS: reiterated neutral, tp cut to 1310 from 1350
AQP Citigroup: reiterated hold, tp 410
AQP Goldman: reiterated neutral, tp reiterated 480
ARM Citigroup: reiterated sell, tp reiterated 445
CSR UBS: reiterated buy, tp reiterated 530
ENRC JPMorgan: reiterated underweight, tp cut to 900 from 1100
EZJ Nomura: reiterated buy, tp reiterated 470
FLYB Investec: buy, tp cut to 306 from 438
HGG Citigroup: reiterated hold, tp reiterated 176
HGG JPMorgan: reiterated neutral
KAZ JPMorgan: downgraded to underweight from overweight, tp cut to 1400 from 2000
LMI JPMorgan: reiterated neutral, tp cut to 1600 from 2100
LOG Deutsche: buy, tp raised to 195 from 185
LOG RBS: reiterated buy, tp cut to 155 from 162
NXT Citigroup: reiterated buy, tp raised to 2600 from 2400
NXT Deutsche: buy, tp raised to 2750 from 2600
NXT JPMorgan: reiterated underweight, tp raised to 1670 from 1620
NXT Nomura: reiterated buy, tp raised to 2700 from 2600
PFG JPMorgan: reiterated overweight
RMV BarCap: reiterated equal weight, tp raised to 1050 from 960
RTO Deutsche: tp cut to 101 from 117
SGE JPMorgan: reiterated neutral, tp 300
SGE Nomura: reiterated buy, tp reiterated 325
SGE UBS: reiterated neutral, tp raised to 300 from 285
SMIN Citigroup: hold, tp raised to 1375 from 1315
WEIR Citigroup: reiterated hold, tp raised to 2100 from 1870
WEIR JPMorgan: reiterated overweight, tp raised to 2100 from 1930
WLF Citigroup: reiterated buy, tp reiterated 310
XTA UBS: reiterated buy, tp cut to 1740 from 1750

End-of-day Market Overview