China June new house prices -4.5% y/y (prior -3.9%) ...Middle East

China new home prices continue their slump. Despite all the support measures being provided for the sector recovery is not yet in sight. On a brighter note used home prices dropped 0.85% m/m, slightly slower than the drop in May. Still to come:Economic calendar Asia Monday, 15 July 2024 - Chinese economic activity data, also Q2 GDP This article was written by Eamonn Sheridan at www.forexlive.com.

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