S&P futures are indicating a higher open, up +0.2%, as markets continue to process the political implications of the recent assassination attempt on former President Donald Trump. Market's attention today is on the takeaways from China’s Q2 GDP and June activity data, which highlight persistent weakness in domestic demand and the property market. The weaker-than-expected GDP has renewed doubts about the achievability of the government's annual GDP target of ~5%, leading to calls for stronger policy support.
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