Epstein Secrets

o $780mn, faces major sanctions as a result (trading +1.0%) • Monte Paschi may disclose as early as today the size of losses masked by derivatives (Bloomberg) • Ireland and Portugal are looking to tap ECB's OMT bond-buying program according to Die Welt (MNI) • Former popular party treasurer Barcenas to

old $1670.50 (-$3.00) Copper -0.81% Most Asian markets were higher overnight reversing some of yesterday's selloff, especially in Japan where the NKY225 hit its highest level since Sept 2008. Gains in Tokyo were yen-led after the current BOJ governor, Masaaki Shirakawa announced his intention to end

better, restructuring and cost cutting on track (trading +3.6%) • Italian elections in 3 weeks may yield hung parliament, requiring follow-up vote (Bloomberg) • German trade data: Dec exports +0.3% m/m vs est +1.4%, Dec imports -1.3% vs est +1.6% • Italy December industrial production +0.4% m/m vs est

32% Futures: Dow +5, Nasdaq +3, S&P +1 DXY $79.98 (-21c) Crude $96.11 (+27c) Gold $1671.20 (-10c) Asia markets mostly higher with the exception of NKY225 which closed -1.80% to post its first weekly loss in 13 weeks on further profit taking sparked by disappointing corporate profits (Sony closed -10.8

fense and Rep. Tom Cole says they are prepared to let them trigger even if the Dems don't agree to restructure them to fall less heavily on Defense (Bloomberg). Tech +0.95% strong in Europe, helped by solid numbers from GOOG, IBM, CREE after the close in the US (note XLK in US has underperformed only +2.1

session as JPY traded down toward the 88 level. Volume was lighter (tracking about 15% behind the 30day) and this is the first 3-day decline in the NKY225 since November. SHCOMP outperformed after rallying in the last hour to close +0.25%. In the UK, David Cameron delivered a speech this morning and pr