Asian stocks showed signs of running
out of puff on Friday, even after a record closing high on Wall Street, while
the selloff in the dollar paused as market attention turned to major Chinese
data due on Monday.
Markets are braced for fresh
evidence of weakness in the world’s second biggest economy that, if confirmed,
will no doubt dampen risk appetite. Economists polled by Reuters see second-quarter
GDP growth at a median 7.5 percent.
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