Morning Bid: Slump or recovery in China?

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Morning Bid: Slump or recovery in China?
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A look at the day ahead in Asian markets from Jamie McGeever.

A barrage of Chinese economic data on Tuesday will give investors a clearer picture of whether their growing fears over the health of Asia's largest economy lately are justified.

Broader market sentiment may be reasonably well supported after Wall Street eked out modest gains on Monday despite alarming slump in a key index of U.S. factory activity and another day of deadlock in the U.S. debt ceiling negotiations.

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