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quarter. European markets generally lower to start the week on average volumes. Periphery underperforming as sovereign spreads widen out some more. Denmark outperforms +0.94% after being closed Thursday & Friday. Turning to the US, WSJ's Jon Hilsenrath article came out Friday evening suggesting that the
EL2B SS, HSBC upgrade RGS LN, MBTN SW ••• Jeff top pharma pick SAN FP, Cana upgrade CGL IM, Equinet downgrade IVG GY, Espirito downgrade GRG LN ••• Beren downgrade NRX FP, Nordea downgrade BOCONB DC, upgrade SWMA SS, Investec upgrade TET LN Equita upgrade DIA IM, ATL IM, Danske upgrade NOK1V FH Repor
g. Basic Resources outperform with the SXPP +0.74% while defensives lag (Utilities -0.80%). Several countries are closed for Ascension Day: Sweden, Denmark, Norway, Finland, Switzerland, Austria, Russia. BOE decision at 12pm GMT and they are expected to keep both rates and asset purchases on hold. The G
GY, MRW LN, NOEJ GY • Cana downgrade CSR LN, Oriel downgrade BBY LN, SGC LN, upgrade NEX LN ••• SocGen upgrade BBVA SM, Medio initiate MSK LN (op), Beren downgrade DIA IM, u/g ETL FP • RBC downgrade STAN LN, SGE LN, Cantor downgrade IHG LN, SBRY LNA2A IM, u/g ICL IT, KCO GY • Numis downgrade RTN LN,
Note that it is a %: day in Sweden today (auction at 11:55am GMT) and several markets will be closed tomorrow for Ascension Day including: Sweden, Denmark, Norway, Finland, Switzerland, Austria, Russia. Ira Sohn today in NYC. SPA's — flat = 1620 last. "'CTSH, LINTA, AOL, MPEL, WEN report pre-open, Mor
, CRST LN • Exane downgrade DIA SM, GFS LN, PP FP, upgrade RMS FP, initiate MSK IM (op), RBC downgrade GFS LN ••• SocGen downgrade ARL GY, ENEL IM, Beren downgrade PSM GY, Numis downgrade MARS LN • Equita downgrade A2A IM, Numis downgrade IHG LN, Kepler Chev downgrade FRA GY, upgrade G1AGY MAQ downgr
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