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ame back online following yesterday's holiday and the Yen strengthened back to the mid-108 levels. Softbank (-3.5%) continues to weigh following the Alibaba IPO. Australia underperformed with banks leading declines on concerns of regulatory changes after the RBA said it might take additional steps to ti
•••• Commerzbank upgrades MRK GY, Barclays strategy downgrades EM & upgrades Japan, Natixis downgrades IAM FP ••• Barclays reinstates ELPE GA (ew), Berenberg downgrades TATE LN, BofA remains cautious Greek Banks ••• UBS upgrades TATE LN & downgrades ERICB SS, JPM downgrades TATE LN & THR BB, Jefferies dow
economic growth forecasts according to Christine Lagarde • Nissan (7201 JP) China sales +70.4% y/y in December to 134,200 units (closed +4.3%) • Alibaba says it will ban sale of Bitcoin and other virtual currencies starting on January 14 • Thai judge strikes blow at PM Yingluck as protesters ready t
's: City Office REIT (OFFC) files for $115M IPO through Janney and Wunderlich US Key Research: Bofa upgrades IART & cuts TCS, Barcap cuts HUMIMGLN, Berenberg cuts VECO • BMO downgrades LLY, BTIG initiates BSX/ELGX/STJ (buy) & MDT (neut) ••• Compass point downgrades KFN, CRT initiates RGRISWHC (buy) •••
ed (+5.4% and up close to +18% for the month), seeing follow-thorough from Friday's Robin Hood mention as well as CLSA highlighting that interest in Alibaba is "unprecedented" (Softbank owns 38% stake). Insurance names (+1.6%) also stronger after Citi boosted PT's across the group and reiterated BUY rat
nitiates PX (neut) ••• Jefferies downgrades SCHN, Bernstein upgrades SYK, Wells initiates UMBF (mp) Europe Key Research: • DNB downgrade MEO1V FH, Berenberg initiate LNZ AV (h) • Citi cut SDR LN from most pref, cut EMG LN from least pref, upgrade TALK LN ••• CBK upgrade FME CY, CS assume LISN SW (n), Ex
Entities connected to both Alibaba and Berenberg

Marc Rich
PERSON
Bloomberg L.P.
ORGANIZATION
Lesley Groff
PERSONIke Groff
PERSON
Samantha Power
PERSONBarcap
ORGANIZATION
Barack Obama
PERSON
Barron
PERSON
David Cameron
PERSONJefferies
ORGANIZATION
Michigan
LOCATION
Credit Suisse
ORGANIZATION
United States
LOCATION
Piper
PERSONStifel
ORGANIZATIONBaird
PERSON
European Parliament
ORGANIZATIONKepler
PERSON
Shanghai
LOCATIONNew Home Sales
ORGANIZATION