Good morning traders!

In the US last night, the Dow fell 61 points at 12,090, the Nasdaq shed 30 points at 2,703
and the S&P500 lost 14 points at 1,286.

In Asia today, the Nikkei was recently up 59 points at 9,440, while the Hang Seng ended
the morning off 165 points at 22,784.

WTI crude oil traded at $98.44 a barrel and gold settled at $1,544 an ounce.

Happy trading!

G.

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

AGS Credit Suisse: downgraded to underperform from neutral
AGS Morgan Stanley: reiterated overweight, tp 160
AHT JPMorgan: reiterated neutral
AHT UBS: reiterated buy, tp reiterated 270
ASHM UBS: reiterated buy, tp raised to 410 from 380
BARC JPMorgan: reiterated neutral, tp cut to 300 from 310
BVIC Goldman: reiterated sell, tp raised to 390 from 384
CRDA JPMorgan: reiterated neutral, tp raised to 1950 from 1900
ELM JPMorgan: reiterated neutral, tp raised to 180 from 175
GSK Nomura: reiterated neutral, tp reiterated 1220
HOC Citigroup: downgraded to hold from buy, tp cut to 600 from 800
HSBA Goldman [HB]: reiterated conviction buy, tp reiterated 920
IMI Citigroup: reiterated buy, tp raised to 1350 from 1260
ITV Goldman: downgraded to buy from conviction buy
JMAT JPMorgan: downgraded to neutral from overweight, tp reiterated 2225
JMAT UniCredit: initiated buy, tp 2430
LAD Citigroup: reiterated hold, tp raised to 160 from 140
PMO Deutsche: reiterated buy, tp 605
RB. JPMorgan: reiterated overweight, tp reiterated 3900
RR. HSBC: reiterated overweight, tp raised to 750 from 725
SRP UBS: reiterated buy, tp reiterated 670
TLW Citigroup: reiterated hold, tp cut to 1582 from 1590
ULVR JPMorgan: reiterated overweight, tp reiterated 2300
WEIR JPMorgan: reiterated overweight, tp raised to 2150 from 2100
WMH Citigroup [HB]: reiterated buy, tp raised to 260 from 230
XTA Morgan Stanley: reiterated overweight, tp reiterated 2100
YULC JPMorgan: reiterated overweight, tp raised to 300 from 268

End-of-day Market Overview