UK RICS House Price Balance (Jun) -33% vs. Exp. -32% (Prev. -35%, Revised to -34%)

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PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCK NEWS: SK Hynix US ADR over 7x oversubscribed, BHP workers to go on strike, Daiichi nearing deal to offer Enhertu in the UK

US President Trump's frustration with Iran was due in part to his anger over the Strait not being fully open yet and that Iran hit ships transiting the Strait, CNN reports citing a US official

UK RICS House Price Balance (Jun) -33% vs. Exp. -32% (Prev. -35%, Revised to -34%)

South Korean official says Won weakness is temporary

Israel has no connection to the US strikes on Iran, Al Arabiya reports citing an Israeli military source

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  • New buyer enquiries -29% (prev. -34%).
  • "Until there is greater clarity over both the political backdrop and ⁠the path ​of interest rates, housing market ​activity is likely to remain relatively subdued in the near term."

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