Asian markets drop as Delta fans recovery concerns


HONG KONG (AFP): Asian markets fell on Tuesday (Aug 3) while oil held most of the previous day's losses as the impact of the fast-spreading Delta Covid variant on the global recovery fuelled concerns the outlook might not be as rosy as initially hoped.

While corporate earnings continue to impress, trader optimism has taken a knock after a series of below-forecast readings from the world's biggest economies including crucial growth drivers the United States and China.

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