Good morning traders!

In the US last night, the Dow rose 123 points at 12,076, the Nasdaq gained 39 points at
2,679 and the S&P500 added 16 points at 1,288.

In Asia today, the Nikkei was recently up 13 points at 9,561, while the Hang Seng ended
the morning off 88 points at 22,408.

WTI crude oil traded at $99.25 a barrel and gold settled at $1,524 an ounce.

Happy trading!

G.

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

ARM Morgan Stanley: reiterated overweight, tp reiterated 625
BBY UniCredit: initiated buy, tp 351
BET UBS: reiterated sell, tp cut to 775 from 850
CCL Credit Suisse: neutral, tp 2440
CEY Citigroup: reiterated buy, tp 166
CLLN UniCredit: initiated hold, tp 391
COST UniCredit: initiated buy, tp 375
CPI JPMorgan: reiterated overweight
CPW Citigroup: reiterated buy, tp reiterated 500
DGE Credit Suisse: outperform, tp 1400
GFRD UniCredit: initiated buy, tp 552
GNK RBS: initiated hold, tp 515
HLMA Credit Suisse: outperform, tp 370
HSBA UBS: reiterated neutral, tp cut to 655 from 708
ITE Investec: downgraded to hold from buy
JUP Credit Suisse: outperform, tp 330
KIE UniCredit: initiated buy, tp 2276
KLR UniCredit: initiated hold, tp 539
LRD JPMorgan: reiterated overweight, tp 170
MARS RBS: initiated buy, tp 135
NWG Goldman: downgraded to neutral from buy
OML UBS: reiterated buy, tp cut to 170 from 178
PFC Citigroup: reiterated buy, tp raised to 2000 from 1850
RIO Citigroup: reiterated buy, tp reiterated 5200
RTO UBS: reiterated buy, tp reiterated 110
SGC Morgan Stanley: reiterated overweight, tp raised to 260 from 240
SMIN UBS: reiterated buy, tp reiterated 1600
TPK UniCredit: initiated buy, tp 1338
TSCO Credit Suisse: outperform, tp 500
WOS UniCredit: initiated hold, tp 2256

End-of-day Market Overview