Traffic improvement spoiled by poor yield Wheelock new US$ 3-year: see FV at around T+185bp IINVESSTMENT DAIILY China Credit Monitor (CCM) Flash 2QFY14 profit seen up q-q on easing political concerns Transitioning to a new phase of growth Spain: EUR 11 billion for "growth, competitiveness and efficiency" Easing cycle ends：Economy has bottomed out DB Today-Global/Macro Higher vacancy risk for Citibank Plaza in 2016E