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BUZZ-Banks and resources continue rally in risk-on market

Reuters - UK Focus

** European equities in risk-on mode for second day, with resources and banks outperforming on improvements in China and hopes of a Greek deal

** Shanghai Shenzhen index index closes up 5.4 pct on more measures from Chinese govt, supporting resources sectors

** Autos, also seen as proxy on China, rallying after weak sales figures earlier in the week

** UK miners also helped by sector upgrade at Citi

** Syriza spokesperson says "certainly" will be a deal on Friday, boosting European banks

** Basket of stocks flagged as liable to bounce on positive Greek news continuing to outperform

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)