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Will China GDP spoil the party?
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The macro and market week in Asia starts with a bang on Monday, with a raft of top-tier economic indicators from China culminating in second-quarter GDP growth data. Just how weak has the world's second largest economy been recently, and will that be enough to dampen the growing optimism that the U.S. economy is heading for a 'soft landing'? A raft of Chinese economic indicators for June - investment, retail sales, industrial production and unemployment - will be released on Monday, as well as the second-quarter GDP report. A ... (full story)