Morning Bid: Brittle markets brace for China trade blues

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Morning Bid: Brittle markets brace for China trade blues
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A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

to new highs for the year continue to unnerve investors. For the first time this year U.S. crude futures are more expensive than they were 12 months ago, meaning the disinflationary impulse has now reversed.

Investors could get further reminders on the currency's vulnerability from Chinese trade and FX reserves figures on Thursday. Economists polled by Reuters expect more of the same in August - a 9.2% year-on-year fall in exports and a 9.0% fall in imports - although not quite as severe as recent months.

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