From: Sent: e 013 11:09:18 AM Subject: Early Tour 2.27.13 Good Morning ... European Markets mixed (DAX -0.11%)... ASX +0.66%, NKY -1.27%, KOSPI +0.20%, TWSE +0.22%, SHCOMP +0.87%, HSI +0.34% EUR 1.3097 (+0.27%) JPY 91.66 (+0.35%) AUD 1.0186 (-0.43%) NZD 0.8233 (-0.23%) RUB 30.54 (+0.44%) Spain 10yr 5.34% Italy 10yr 4.87 US 10yr 1.87% Futures: Dow +1, Nasdaq -2, S&P -0 DXY $81.68 (-19c) Crude $92.84 (+21c) Gold S1605.50 (- $10.00) Copper -0.29% Asian markets followed the US higher overnight, with the exception of Japan which saw another day of consolidation ahead of month-end. The yen strengthened below 92 early in the session and the NKY broke 11,400 to close on the lows (11,253.97). PM Abe officially presents his nominations for the new BOJ governor and his deputies tomorrow, with Kuroda expected to be confirmed. In China, it was a choppy session, but the SHCOMP eventually closed up +0.87% - its best gain in 3 weeks. Financials and resource stocks led the way higher on speculation that the government will do more to support the equity market (China National Radio reported that more state-backed funds may be allowed to invest in equities). Feb mfg PMI is due tomorrow night, along with HSBC's final reading. European markets opened higher on a relief rally but have faded off their highs. Italy 5-10yr bond auction resulted in borrowing costs jumping to 4-month high (10yr bond at 4.83% yield up from 4.17% on Jan 30 & 5yr bond at 3.59% vs 2.94% last month). SPA's —flat = 1492 last ***Mortgage Apps 7am, Durable Goods © 8:30am, Pending Home Sales @ 10amn' '"AES, CNP. DLTR, JOY, NRG. TGT. TJX. LINTA #'s pre-open.- - JCP, LTD, MNST, MYL, PLL. GRPN earnings after close- - Apple Shareholder Meeting today. ECB President Draghi to speak in Munich © 12:30pm- EFTA_R1_00803221 EFTA02145737