Morning Bid: Awaiting another China exports slump

News Snapshot:

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File Photo Aug 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Wall Street and world stocks may have shrugged off a spike up in long-term U.S. bond yields on Monday, but investors in Asia are likely to be in more cautious mood on Tuesday as they brace for the biggest fall in Chinese exports since the pandemic. The median forecast in a Reuters poll of economists is for a 12.5% year-on-year slump in Chinese exports...