Asian equities move off of their worst levels
Asian Market Update: Asian equities move off of their worst levels, as official comments propel Chinese equities to more than 3% gains in early trading - In Asian economic data, South Korea's Q2 GDP was revised higher and to the fastest pace since Q4 of 2003, due to strength in business investment and consumer spending (SOUTH KOREA Q2 FINAL GDP Q/Q: 2.6% V 0.1% PRIOR; Y/Y: -2.2% V -4.3% PRIOR). In Australia, the trade deficit widened in July to a higher than expected A$1.56B [(AU) AUSTRALIA
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