Asian Stocks Eye Mixed Start as Volatility Wanes: Markets Wrap

-- Asian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after a volatile start to August.NYC Subway Riders See ‘Exceptionally High’ Air Pollution

A tumultuous week for global bond markets headed toward calm on Friday as angst over the potential US economic downturn — which spurred a Treasury rally and brief market meltdown — faded. Treasuries are closed for trading in Asia on Monday due to the holiday in Japan.The US consumer price index on Wednesday is expected to have risen 0.2% from June for both the headline figure and the so-called core gauge that excludes food and energy.

Elsewhere in Asia, traders will be focused on China’s one-year medium term lending rate as well as retail sales and industrial production data this week to gauge whether the nation’s economy is finding traction. Alt-rock hipsters Phoenix put on a likably chaotic closing show, but Tom Cruise and Los Angeles effortlessly stole the spotlightA hit with DIY fans, it easily picks up and holds screws, nails, washers and more, all for 40% 0ff.

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