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Asian equities had a strong day except for India, as the US dollar weakened overnight, while Japan returned from yesterday’s holiday in good spirits and outperformed.
It was a very quiet summer night for news, which was paired with light volumes as markets wait for US inflation data along with China’s July economic data. After the close of July M2, new loans and aggregate financing improved month over month, though all slightly missed economist expectations. Hong Kong has made a small move off support levels as the Q2 earning season enters prime time, with Tencent and Meituan reporting tomorrow…
