*Estonia July CPI Down 0.7% On Year

*German June Trade Surplus Rises To EUR 12.2 Bln, Consensus EUR 10.8 Bln

*Dollar Spikes Up To 1.0670 Against Swiss Franc

*South Africa July Gross Reserves $35.74 Bln Vs. $35.76 Bln In June

*Euro Climbs To 1.4357 Against US Dollar Amid German Trade Data