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Put spread bought again

FOREX

GBP Edges Off Early Gains

BONDS

Attention turns to the ECB

GERMANY

Merkel Hosts Final Summer Presser

CHINA PRESS
CHINA PRESS: Chinese authorities are expected to use more indirect measures to
manage the value of the yuan, including adjusting interest rates, and accelerate
market-based reform of FX policies, the official China Securities Journal
reported Tuesday citing interviews of economists. Economists also expect the
authorities to broaden the participants of its interbank FX market and enrich
its FX products to attract investments from more overseas institutions, the
report said. (China Securities Journal)