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EGB OPTIONS

Bund downside structures

EQUITIES

A gap lower for Stoxx600 on the cash open

SPAIN DATA

Spanish GDP Rose in Q2

GILTS

Opening calls

NOK

Trades in  the red against all majors

CHINA PRESS

Fiscal spending by the Chinese government' will pick up in September, releasing large amounts of liquidity into the banking system and prompting a fall in financing costs in September, according to the China Securities Journal citing Ming Ming, the chief fix-income analyst with Citic Securities. The PBOC will also inject liquidity to offset the impact of expected large government bond issuances, Ming said.