Good morning traders!

In the US last night, the Dow lost 25 points at 12,356, the Nasdaq fell 13 points at 2,746
and the S&P500 shed a point at 1,316.

In Asia today, the Nikkei was recently down 36 points at 9,441, while the Hang Seng ended
the morning off 126 points at 22,605.

WTI crude oil traded at $98.86 a barrel and gold settled at $1,524 an ounce.

Happy trading!

G.

Glencore to replace Invensys in FTSE100

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

AML JPMorgan: reiterated underweight, tp raised to 381 from 371
ANTO Citigroup: reiterated hold, tp reiterated 1310
ANTO Morgan Stanley: upgraded to equal weight from underweight, tp 1260
AV. JPMorgan [HB]: reiterated overweight, tp reiterated 524
BLNX Citigroup [HB]: reiterated buy, tp raised to 180 from 130
BOY Citigroup: reiterated sell, tp raised to 330 from 255
CNE UBS: reiterated buy, tp cut to 490 from 510
CW. Citigroup: reiterated hold, tp 54
DLAR UBS: reiterated neutral, tp raised to 840 from 800
HFD Morgan Stanley: downgraded to equal weight from overweight, tp cut to 375 from 445
HSV JPMorgan: reiterated overweight
HSV Morgan Stanley: overweight, tp raised to 600 from 550
HSX JPMorgan: neutral, tp raised to 427 from 383
ISYS Citigroup: downgraded to hold from buy, tp cut to 330 from 380
MKS Citigroup [HB]: reiterated buy, tp raised to 450 from 425
MKS Nomura: reiterated buy, tp raised to 460 from 430
MKS UBS: reiterated neutral, tp raised to 400 from 380
MTO HSBC: neutral, tp raised to 240 from 220
NG. Deutsche [HB]: downgraded to hold from buy
PAG JPMorgan: reiterated overweight
PRU Nomura: reiterated reduce, tp reiterated 735
SAB JPMorgan: reiterated overweight, tp reiterated 2400
SL. JPMorgan: neutral, tp 285
TLW Morgan Stanley: reiterated overweight, tp reiterated 1580
VOD Nomura: downgraded to neutral from buy, tp reiterated 210

End-of-day Market Overview