Chinese House Price Index YoY (Apr) Y/Y -3.5% (Prev. -3.4%)
The Chinese House Price Index declining by 3.5% year-over-year in April, slightly worsening from the previous drop of 3.4%, suggests ongoing pressures in the real estate market.
[CALENDAR ADDITION] US President Trump will participate in a healthcare event at 16:30EDT/21:30BST on Monday
Japanese PM Takaichi is set to announce an extra Japan budget
Chinese House Price Index YoY (Apr) Y/Y -3.5% (Prev. -3.4%)
Six Americans were exposed to Ebola in Congo, although it is still unclear if any were confirmed to be infected or if they were still in Congo, according to CBS News
PBoC injects CNY 1bln via 7-day reverse repos with rate maintained at 1.40%
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This trend may raise concerns about the broader economic recovery, impacting policy considerations regarding stimulus measures. Markets might react cautiously, as sustained weakness in housing could influence growth forecasts and the overall demand landscape.
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