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EQUITIES: US futures remain volatile ahead of the final open of the week,
swinging from gains of as much as 0.8% to losses of 0.7% and back again. Dow
futures now indicate a positive open, with European equity markets also
comfortably off their session lows. With little in the way of tier 1 releases
left today, equities markets likely to continue their focus on volatility
products, the recent sell-off and the prospects of US inflation ahead of the CPI
release next Wednesday.