Epstein Secrets

makers China's Ministry of Railways increased spending on railroads and bridges for the 2nd time this month CBRC plans to conduct stress tests for Shanghai banks in H2 to gauge property lending & liquidity risks India held rates at 8% as expected (cut SLR to 23% from 24%) (cut GDP & raised inflation f

Swedbank downgrades ESV, Axiom initiates X (seil), Citi removes CVC from Top DB upgrades AF FP & downgrades STL NO/ITV LN, Barcap upgrades DAI GR Nomura upgrades FP FP, Helvea upgrades ROG VX, Raja downgrades RYA ID Reporting Pre-Open: ADM, AET, CMI, COH, DISCA, ECL, ETR, GT, HCP, HRS, NI, PEG, PFE,

e under pressure (CR Power -9.6%, CR Ent -4.2, CR Cement -4.1%) following reports that China anti-corruption agency is investigating their chairman. Shanghai saw a late day rally after struggling most of the day on IPO resumption concerns. The Kospi managed to close above 2000 as foreign and pension mone

des BION SW (buy) • JPM upgrades EVR LN & initiates PLND LN (neut), Bankhaus Lampe downgrades LXS GR • KBC downgrades RES BB, ABN upgrades AKZA NA, Nomura initiates PETS LN (buy) • Espirito downgrades NUM FP (sell), SocGen upgrades KPN NA (buy) & downgrades RMS FP • Swedebank downgrades MEO1V FH/NCC L

spinoff & list its telecom operations as business trust (trading +5%) China "very close" to starting a board for listing of overseas companies in Shanghai (global manufacturers to have priority) Finland's economy grew faster than expected (led by investments) as expansion in northernmost euro member e

052702304563104576361671054501968.html>, For- Profit Edu Sector WSJ<http://online.wsj.com/article/SB10001424052702303745304576361803286692710.html> Nomura cuts top 10 Executives' pay 38% as earnings slump after Lehman buy Bloomberg<http://www.bloomberg.com/news/2011-06-03/nomura-cut-top-10-executives-p

Hong Kong outperformed as it grinded higher to close near the highs led by the heavily shorted names and the HSI firmly reclaimed the 20,000 level. Shanghai struggled a bit but did manage to eke out a small gain, but the divergence in the NH spreads on dual listed names was notable as several were larger

NTGR (sell) ••• Wells cuts HPQ/LUFK & upgrades RAX/GLP, Key upgrades FIX (buy), Janney initiates GOOG (buy) ••• CS upgrades HNT, BMO upgrades KEY, Nomura upgrades MGM, UBS cuts VHS, Opco assumes CPHD (op) Europe Key Research: ••• Citi upgrades the Spanish Banks (SAN SM, BBVA SM, BKT SM, CABK SM) & up

September). Japan outperformed with the Nikkei closing above 14,000 as the JPY weakened late in the day and earnings helped give sentiment a boost. Shanghai also finished strong after the China manufacturing PMI beat, coming in at 50.3 vs. consensus at 49.8 (while the HSBC Markit number came in at 47.7,

s GPS/CRI (op) & ASNA (up) & ANN/CHS/PLCEJLTD (mp), Evercore initiates EVC (ow) Europe Key Research: • DB downgrade OTE1V FH, reinstate ABI BB (b), Nomura upgrade AC FP ••• GS remove HOT GY from cony buy, dig FR FP, initiate ANH LN (b), initiate ANH LN (b) ••• UBS upgrade APN SJ, GBF GY, KPN NA, Bern