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ot a new opinion from Bofinger. Some headlines out from Premier Wen as well saying he will boost policy support for the real economy in China in H2. Hollande hosts Monti for a working lunch in Paris this afternoon. FOMC tomorrow and most expect them to wait until the Sep meeting for further action. SPA's
ch: Jeff downgrades PMCS & initiates CMCSA/DTV/TWC (buy's) and CHTR/CVC/DISH Wedbush downgrades LNN, Wunderlich downgrades PMCS, CS downgrades CBI Swedbank downgrades ESV, Axiom initiates X (seil), Citi removes CVC from Top DB upgrades AF FP & downgrades STL NO/ITV LN, Barcap upgrades DAI GR Nomura upg
BS) WSJ • Debt Rise Colors Budget Talks WSJ • Hollande Calls for Policy on Foreign Exchange WSJ • Trou
G downgrade IM NA, RBS downgrade UBSN VX, Jeff downgrade LAF SJ, upgrade TCY LN • Medio upgrade AGL IM, Nordea upgrade AFB SS, downgrade NOD NO ••• Swedbank downgrade BILIA SS, upgrade TEL2B SS, Cana upgrade HG/ LN • Shore downgrade IPF LN, Vontobel upgrade WMN SW, ABN upgrade MHG NO Reporting Pre-Open:
e the oil runs out we won't need it The Times • Hollande risks wrath of Merkel by rejecting economic refor
UR PW, JPM downgrades EUR PW ▪ KBC upgrades EURN BB (buy), Mediobanca resumes CASS IM, Oddo upgrades RMS FP (buy), Oriel initiates DIA LN (buy) • Swedbank upgrades SNI NO (buy) & downgrades HPOL.B SS, Numis downgrades RWS LN, HSBC upgrades ERF FP • Raja downgrades SGO FP, UBS downgrades JMT PL Reporti
Entities connected to both François Hollande and Swedbank

Jeffrey Epstein
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Barack Obama
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Lesley Groff
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Angela Merkel
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Bloomberg L.P.
ORGANIZATIONIke Groff
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Vladimir Putin
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Marc Rich
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Bill Clinton
PERSONBarcap
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Barron
PERSONBaird
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Eric Trump
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New York
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David Cameron
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Horizon
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Michael Jackson
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European Parliament
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Denmark
LOCATIONNomura
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