Morning Bid: Markets yield to U.S. curve


Source: reuters.com reuters.com

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Aug 7 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of top-tier Chinese economic data, second-quarter growth figures from Indonesia and the Philippines, and an Indian interest rate decision are the main events in Asia this week, with markets highly sensitive to rising global bond yields. The Nasdaq, S&P 500 and MSCI World index last week all registered their biggest weekly losses since March, and the MSCI Asia ex-Japan index's 2.3% fall was its biggest in six weeks. Driving the deterioration in risk appetite is the surge in global...