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EQUITIES

Markets Lower

OIL

Crude Futures Extend Losses

JGBS AUCTION

PREVIEW: 5-Year Supply Due

CHINA RATES

Futures Hit Contract High

JGBS

Equities Dip Lends Support

BUNDS
BUNDS: Bunds have dropped heavily in the past minutes as we approach the release
of August IFO data. Have not seen any news behind the move but there is payer of
USD 5Y swaps in 100mln