Chinese House Price Index MM (Feb) -0.3% (Prev. -0.4%)
The Chinese House Price Index showing a -0.3% month-on-month decline indicates a slight improvement from the previous month's drop of -0.4%.
Japanese PM Takaichi says Japan has no plan currently to dispatch its navy to the Middle East to escort vessels
Dubai temporarily suspends flights at Dubai International Airport
Chinese House Price Index MM (Feb) -0.3% (Prev. -0.4%)
PBoC injects CNY 137.3bln via 7-day reverse repos with the rate at 1.40%
PRE-MARKET CHINESE STOCKS NEWS: Chinese House Prices, Industrial Production & Retail Sales are scheduled today; US President Trump says could delay summit with Chinese President Xi
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This modest stabilization may suggest an easing of the downward pressure in the housing market, yet rates of contraction remain a concern, reflecting ongoing challenges for China's economic recovery. Watch for implications on broader economic sentiment and potential policy responses to support the housing sector.
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