* Barriesr & sovereign bids around 1.2100 hold in Asia

* Outlook for global growth subdued in weeekend press

* Asian bourses off 1%-2%, S&P futures 0.5% lower

* Gap between 1.2155 NY close @ 1.2145 Asian open unfilled

* Sovereign bids below 1.2100, so a break unlikely impulsive