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itics if they lose the ballot. European markets up across the board on a mix of short covering and real buying ahead of month/quarter end on Friday. Draghi spoke in Paris earlier this morning and said that the ECB stands ready to act again if needed but acknowledged there are limits to what monetary po
O FP (b), CA FP (h), MEO GY (h), AH NA (s), TSCO LN (s), • BofA adds CFR VX to Europe 1 List, UBS upgrades CRDA LN, ELM LN, LMI LN, UL NA, VCT LN • Panmure upgrades CCC LN, BofA initiates DLG GY (up), Barclays initiates PA/ LN (ow) ••• Citi initiates GET FP (buy), CS upgrades RWE GY, HSBC upgrades KCR1V
bama puts trade at heart of agenda FT • EU leaders seek seven-year budget deal FT • QE takes a toll on emerging economies FT • MPS bailout puts Draghi mission in focus FT • New aggression from the chancellor Lex • Great rotation: reasons not to believe Lex • The shadow of 1914 falls over the P
downgrade BAER VX, RIA FP, upgrade RUKN VX, Cant +ve UHR VX, Cowen initiate ASML NA (op) Investec downgrade PFD LN, SXS LN, Numis downgrade TATE LN, Panmure downgrade Sn/ LN Reporting Pre-Open: ADM, ADP, AGN, BDX, CAH, CSC, DLPH, DO, EL, EMR, ETN, K, NYX, SE, SIRI, TE, ACI, AGCO, ALLT, ATK, ATRO, BP, CH
$1452.50 (+$3.70) Copper +0.51% Silver -0.13% Asia was firmer across the board overnight following strong EU macro data and dovish comments from Draghi. Sentiment was helped after China export and import data for April came in better than expected with exports up 14.7% and imports up 16.8%. Austral
RS LN • Equita downgrade A2A IM, Numis downgrade IHG LN, Kepler Chev downgrade FRA GY, upgrade G1AGY MAQ downgrade NEOJ GY, Oriel downgrade HSX LN, Panmure downgrade SBRY LN, upgrade CMS LN Reporting Pre-Open: CTSH, LINTA, ALE, AOL, ARQL, ATRS, BIOD, BOFI, CASM, CBMX, CECE, CLMT, CSTE, CWH, ESLT, EZCH,
Entities connected to both Draghi and Panmure
Ike Groff
PERSON
Lesley Groff
PERSON
Bloomberg L.P.
ORGANIZATION
Barack Obama
PERSON
Piper
PERSON
Barron
PERSON
Horizon
ORGANIZATIONBaird
PERSONBarcap
ORGANIZATIONJefferies
ORGANIZATIONNomura
ORGANIZATION
Stanford University
LOCATIONStifel
ORGANIZATION
François Hollande
PERSON
Washington D.C.
LOCATIONOsborne
PERSONMizuho
ORGANIZATIONChicago Fed
ORGANIZATIONKepler
PERSONBBVA SM
ORGANIZATION