Epstein Secrets

MainFirst upgrades DSV DC, PWTN SW, KNIN VX & downgrades MAERSKB DC, SEB downgrades KCR1V FH ••• SNS downgrades KPN NA, Sparebank downgrades TGS NO, Nordea upgrades PRS NO Reporting Pre-Open: ABC, BSX, CHTR, CI, CLX, CMS, CMI, DLPH, EQT, ICE, LVLT, MMC, MHFI, OXY, PM, PPL, RL, SNA, TE, TDC, VMC, WEC, X

WI, QRVO, RNG, SQl, SIGI, SXT, SWIR, SSD, SKYW, SRCL, SYMC, DATA, TTMI, UBNT, UTI, UQM, WI, WAIR, YRCW Economic Data: Challenger Job Cuts @ 7:30am, Nonfarm Productivity & Unit Labor Costs / Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Factory Orders / Durable & Capital Goods Orders @ 10am EIA natural gas

• Commerzbank upgrades WCH GY, JPM upgrades ADP FP & downgrades FFtA GY, Baader downgrades BEI GY ••• Kepler initiates F IM (reduce) & HAW GY (buy), Nordea downgrades VWS DC, Exane upgrades CBK GY ••• Investec upgrades HSBA LN, Shorecap downgrades DGE LN, HSBC adds LHA GY to Europe Super Ten portfolio

Thursday: Philadelphia Fed, Empire Manufacturing, NAHB Housing Survey, CPI, Industrial Production, Earnings (EL, KSS, PRGO, WMT, AMAT, JWN) Friday: Nonfarm Productivity & Unit Labor Costs, Housing Starts & Building Permits, U. of Michigan Consumer Confidence, Eurozone CPI & trade balance Saturday: China July property pric

OR GY, downgrade BEI GY, Numis downgrade MONY LN, CIU LN, SGE LN, MACQ upgrade LXS GY BERE downgrade IVG GY, HELV upgrade GAM SW, downgrade OERL SW, Nordea downgrade GOL NO Reporting Pre-Open: BF.B, BIG, SPLS, AEGR, AEO, CTCM, FLL, HOV, LINC, MFB, OSIR, POZN, ORE, RELY, TFM, THRM, TRK, VIP, WD, WMC, WR

Independent • Regulators have failed again and again Independent Key Events This Week Thursday: Fed to release stress test results for big banks, Nonfarm Productivity & Unit Labor Costs, Trade Balance, Bofa Refining Conference (NYC), Earnings (KR, HRB, JSDA, SKUL) Friday: February Employment Report, Earnings (FL) EFTA0