Asia July 1

Asian markets fell as traders considered signals that Covid-19 flareups are affecting parts of the region's manufacturing and awaited the release of the US payrolls data.

Japan and China were among the major stock markets that suffered minor losses.
The PMI data revealed that measures enforced to combat the virus have reduced productivity in regions of Asia.

US equity contracts rose after the S&P500 had one of the strongest first halves for US shares since 1998.

The recent outbreak of the delta virus subtype is dampening hopes for the global recovery.
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The dollar rose following its strongest month since March 2020, while treasuries held flat.
Oil prices continued to rise ahead of an OPEC+ meeting on production policy and as the Iranian nuclear negotiations stalled.