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rades REL LN, Macquarie downgrades TSCO LN • Davy upgrades WOS LN, Beka upgrades EBRO SM, Equinet downgrades VIH GY, Citi initiates ZPLA LN (n) ••• Canaccord upgrades AKSO NO, Citi upgrades JPR LN & TNI LN and resumes COB LN (n), LBBW downgrades ASML NA ••• Macquarie upgrades NYR BB, Oddo upgrades ALPHY
Thursday: Rosh Hashanah holiday today & tomorrow, Kansas City Fed, Aug Durable Goods, Services Flash PMI Sept, Earnings (MU, NKE) Friday: Q2 GDP, Michigan Consumer Confidence, China Industrial Profits August, Earnings (FINL) Key Events on the Horizon Oct 2 — ECB publishing details of ABS purchases Oct 5 — Brazil preside
••• Liberum upgrades LMI LNM, Raja upgrades WOS LN, BofA downgrades ULE LN, KBC downgrades TNET BB ••• Bernstein initiates STJ LN (mp) & HU LN (up), Canaccord upgrades FLG LN and initiates DJI LN (h) ••• Carnegie downgrades STL NO & TGS NO, Handelsbanken upgrades NOBI SS, KBC upgrades COLR BB ••• Macquari
d Cameron says UK "ready to play its parr City AM • Euro drops to 22-month low against the dollar City AM Key Events This Week Friday: US Q2 GDP, Michigan Consumer Confidence, Ryder Cup begins at Gleneagles (Scotland), (China Industrial Profits August, Earnings (FINL) Key Events on the Horizon Oct 2 — ECB publishing det
CBL • HSBC initiates MDR (neut) & downgrades CAM, SocGen downgrades NBL, Wells initiates ZBRA (mp) • Nomura upgrades PCS, Avondale downgrades ANN, Canaccord cuts TEVA, DB upgrades NTES (buy) • Jeff initiates PAY (hold), Roth downgrades SKUL Europe Key Research: • UBS downgrade SMIN LN, EUR PW, EMMN SW,
in/CB meeting (Feb 14-15), BMO Auto Finance Conference (Toronto), Earnings (APA, BWA, DISCA, GM, PEP, TAP, WM) Friday: Empire Manufacturing, US IP, Michigan Consumer Confidence, TIC Flows, Earnings (AEP, CPB, SJM, VFC, WBC) Key Events on the Horizon February 10 — Chinese New Year (China market closed week of Feb 11) Febru
Entities connected to both Canaccord and Michigan Consumer Confidence

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Barack Obama
PERSONStifel
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONthe Horizon
LOCATIONNomura
ORGANIZATIONEmpire Manufacturing
ORGANIZATIONBerenberg
ORGANIZATIONKepler
PERSON
David Cameron
PERSONRajoy
PERSON
Bernstein
PERSON
Ghislaine Maxwell
PERSON
Toronto
LOCATION
Horizon
ORGANIZATIONMacquarie
ORGANIZATIONTreasury Monthly Budget Statement
ORGANIZATIONRetail Sales
ORGANIZATION