Brexit negotiations in Brussels and....>

GILT SUMMARY: Brexit negotiations in Brussels and August GDP data are the ones

to watch Wednesday, as Gilts remain under pressure following Tuesday's decline.

- The Dec 18 Gilt future is down 24 ticks at 119.71, having traded in a fairly

narrow range of 119.62-119.76 so far Wednesday.

- Curve is fairly flat: the 2-Yr yield down 0.4bps at 0.912%, 5-Yr down 0.2bps

at 1.28%, 10-Yr down 0.2bps at 1.714%, and 30-Yr down 0.1bps at 2.065%.

- Short Sterling futures are off 2.0-3.0 ticks across most of the strip.

- Brexit headlines set to predominate again today as reports emerge of UK and EU

officials negotiating in Brussels over a compromise on the Irish border that

would leave the UK in the EU customs regime temporarily, following Tuesday's

reports that a divorce deal could be agreed as soon as next Monday.

- MNI's data team has previewed Aug GDP data which is released at 0930BST (see

'MNI 5 THINGS: UK August GDP Likely To Be Humbled After July's Strength'.

- The MNI median points to the m/m growth rate lowering to 0.1% after 0.3%

previously, but the 3m/3m growth rate is anticipated to remain at 0.6%.