Epstein Secrets

so lower on the session. Volumes tracking 120% of 3m average. German factory orders are due out in a few minutes (6am EST). Tomorrow we will get the BOE & ECB which are expected to be non-events. We will also get a look at December holiday season comps for US retailers tomorrow. On the macro front in the U

LN, CNE LN, LUPE SS, TLW LN (hold) • Exane upgrade PIC LN, HSBC downgrade HGG LN, HG1 GY, B1O3 GY, RBC downgrade DETNOR NO • JEFF upgrade MARS LN, KepChev double upgrade SDF GY, MAQ downgrade DNB NO • JPM downgrade SCR FP, DEB LN, EVD GY, O1BC GY, AAL LN, upgrade MONY LN, PER LN, NHY NO • Mainfirst do

ruction Spending, Global Vehicle Sales, Earnings (CVX, NEE, WPO, BLT) Saturday: China NBS non-manufacturing PMI Key Events on the Horizon Nov 7 — BOE & ECB rate decisions Nov 28 — US Thanksgiving (market closed) Dec 5 — BOE & ECB rate decisions Dec 18 — FOMC rate decision Jan 15 — Current CR runs out

ade UBSN VX ••• HSBC upgrade EBS AV, UCG IM, Natixis downgrade SWMA SS • Exane add GRF SM to key ideas, Oddo downgrade DIA SM IMI downgrade MB IM, KepChev downgrade BSA GR, DBK d/g VOE AV, AZM IM Reporting Pre-Open: ADP, AMT, BWA, CMCSA, EXC, GAS, GLW, GM, GRMN, HES, PCG, PEG, PSX, PX, SEE, SO, TEL, W

ay: China November manufacturing PMI Sunday: China November HSBC manufacturing PMI Key Events on the Horizon Dec 4 — OPEC meets in Vienna Dec 5 — BOE & ECB rate decisions Dec 13 — Congress budget deal deadline Dec 18 — FOMC rate decision Jan 15 — Current CR runs out Jan 21 — State of the Union Addres

, CS assume LISN SW (n), Exane upgrade ULVR LN ••• GS upgrade FRES LN, downgrade INVEB SS, Investec upgrade ULE LN, CHG LN ••• JEFF upgrade EZJ LN, KepChev upgrade FME GY, downgrade GBF GY ••• MS upgrade SAB LN, Natixis upgrade NOVN VX, Numsi downgrade BAB LN • Lampe upgrade CON GY, B5A GY, Akros upgra

(est 52.8), Italy 50.4 (est 49.7), Spain 49.8 (est 50.6), Sweden 51.3 (est 53.0). Note that Switzerland is closed for holiday today (National Day). BOE & ECB coming up @ 7am & 7:45am respectively. No changes expected for the BOE although Mark Carney and team will present their review of introducing forwa

WE GY, upgrade AF FP ••• HSBC downgrade BNR GY, NXT LN, Citi downgrade DUFN SW, upgrade PLT IM ••• Medio upgrade BRE IM, Exane initiate GKN LN (b), KepChev upgrade PRS IM ••• Natixis downgrade SAN FP, JMT PL, KBC upgrade PHARMA NA (h) • Danske downgrade OTE1V FH, Nordea downgrade UPM1V FH ••• Investec