Hints and tips:
...China's rapid recovery and US Off Trade strength), as well as a broad-based rally for nearly all emerging market currencies....
...Richard Waters 82....
...We upgrade our recommendation to Buy from Hold, while retaining our CHF46/sh target price, which implies 43% upside....
...(Bloomberg) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -473.97 (-3.31%) at 13,852 Topix down -28.43 (-2.41%) at 1,150 Hang Seng down -110.37 (-0.49%) at 22,445 US markets S&P 500 down -11.70...
...Hang Seng up +0.79% at 21,914 Shanghai Composite up +0.58% at 2,027 MSCI Asia ex-Japan up +0.95% at 440.00 S&P CNX Nifty Index down -0.02% at 5,627 Currencies €/$ 1.29 (1.29) $/¥ 82.21 (82.43) Commodities...
...The US is likely to be a weakness in its results given aggressive competition from the country’s largest rival groups, with the lack of an iPhone 5 on the books of its T-Mobile USA unit making it hard for...
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...Italy may be facing a crisis, but if it was paying the same interest rates as the US, the European nation would look more like Germany than Greece, says James Mackintosh, investment editor....
...On Friday a central bank official invited the US to refrain from “politicising” China’s currency policy....
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...27,367.10 European markets FTSE100 down 39.82 at 6,140.66 Eurofirst 300 down 5.31 at 1,462.27 Currencies 05.20am GMT €/$ 1.4817 (1.4859) $/Y 108.44 (108.36) £/$ 2.0667 (2.0727) Commodities Brent Crude...
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