Macro Morning

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By Chris Becker 

A relatively quiet night on markets with stocks and other risk assets rising slightly, while Treasury yields fell as the probability of the Federal Reserve cutting rates rose. In the UK, the first round of voting on the new Tory leader resulted in Boris Johnson in the front, which confirms more chaos on the way for Brexit wrecked UK.

The economic calendar here in Asia today will focus on the trifecta of secondary reports from China, namely industrial production, retail sales and fixed asset investment.

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