Morning Bid: China seen sliding into deflation

News Snapshot:

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File Photo Aug 9 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The first round of top-tier Chinese economic data this week was a blow for those hoping the world's second-largest economy was emerging from its deep funk, so what will the second round on Wednesday bring? Further disappointment, most probably. Figures on Wednesday are expected to show that Chinese consumer prices fell 0.4% in July from the same month a year ago, meaning China will...