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***Below gives levels of key markets.......>

SNAPSHOT
SNAPSHOT: ***Below gives levels of key markets ahead of London session:
- Xetra-DAX called down 36pts at the open
- FTSE-100 called down 16pts
- Dow called down 11pts
- US 10-year note yield trades up 0.9bp to 2.231%
- Bunds called up 26 ticks to 164.01
- Spot euro-dollar is up 0.14 cents, currently at $1.1781
- Spot dollar-yen up 0.34 pips, currently at Y109.85
- Brent crude oil rises 0.25 cents, currently at $50.52
- Spot gold rises 4.62 dollars, currently at $1287.73
* FRANCE Q2 UNEMPL RATE,EX OVERSEAS, 9.2% VS Q1 UNREV 9.3%
* FED MINUTES SHOW SOME INFLATION WORRIES, STILL PLANS B/S REDUCTION
* FOMC: 'MANY' PARTICIPANTS UPPED LIKELIHOOD INFL REMAINS BELOW 2%
* TRUMP DISBANDS ECONOMIC COUNCIL AFTER RAFT OF RESIGNATIONS 
* JAPAN JULY TRADE SURPLUS Y418.8 BLN; MEDIAN Y392.0 BLN SURPLUS
* FED'S MESTER/RTRS:NOT CONVINCED WEAK INFL SHOULD DELAY HIKES

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