Asia stocks mixed, dollar struggles to rally


SYDNEY: Asian share markets turned mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new Covid-19 coronavirus cases, though a squeeze on crowded short positions left the dollar clinging to a tentative bounce.

Sentiment was helped by a survey showing China's factory activity expanded at the fastest pace in nearly a decade in July, with the Caixin/Markit PMI at 52.8.

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