China Shipping Container Lines：P3 rejection marginally negative Holding up DB Oily Rag：BP (+), Oils Markets - IEA MTOMR Traffic improvement spoiled by poor yield Wheelock new US$ 3-year: see FV at around T+185bp China Credit Monitor (CCM) Flash 2QFY14 profit seen up q-q on easing political concerns 2QFY14 net profit above forecast Transitioning to a new phase of growth Spain: EUR 11 billion for "growth, competitiveness and efficiency"