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UK Rightmove House Prices MM (Jan) 2.8% (Prev. -1.8%)

The January Rightmove House Prices showed a significant rebound, posting a 2.8% increase compared to a previous decline of -1.8%.

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South Korean Trade Ministry says South Korea and China are to hold a new round of free-trade negotiations on services and investment

[MARKET UPDATE] Nikkei 225 opens -0.8% while the KOPSI outperforms equity markets, +0.2%; Bitcoin falls ~USD 1,500 at the Japanese/South Korean open

UK Rightmove House Prices MM (Jan) 2.8% (Prev. -1.8%)

Japanese Machinery Orders MoM (Nov) M/M -11% vs. Exp. -5.1% (Prev. 7%)

Japanese Machinery Orders YoY (Nov) Y/Y -6.4% vs. Exp. 4.9% (Prev. 12.5%)

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This turnaround suggests a potential positive shift in the UK housing market, which could influence monetary policy considerations regarding growth and inflation in the coming months.

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