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The german lenders rating cut as it struggles through another strategic overhaul. The stoxx start trading in about 30 minutes time. Matt take a look at what we see on futures, equity Index Futures are up. Yesterday we saw the cash trade closed up across the board with the exception of the ftse. Take a look at the moon to trade in the bond trade. We are trading around 48. We had gone up through 50 yesterday. You saw real jump in yields, around the world yesterday, but also here in germany. Now we are back into that range where we have been sitting. Guy . Reachedterday, equities their bid. This morning you have the yen down against the dollar, the kiwi down against the dollar, the swiss franc down against the dollar. You need to take a look at yesterday. You can see on the bbdxy. Today we are coming in and sitting at the backend of that process. We will figure out whether this is monthend listening to whether there is more to it. It ....