UK Rightmove House Prices MM (May) 1.2% (Prev. 0.8%)
The latest data from Rightmove indicates a month-on-month increase of 1.2% in UK house prices for May, up from the previous 0.8%.
[MARKET ANALYSIS] Asia-Pac stocks begin mostly lower amid higher yields and rising oil prices after US President Trump warned the clock is ticking for Iran
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCK NEWS: Earnings from Japan Post, Japan Post Bank, Mitsubishi UFJ & Mizuho Financial Group, Samsung Electronics strike draws near
UK Rightmove House Prices MM (May) 1.2% (Prev. 0.8%)
Israeli air strike targeted Baalbek, Lebanon and killed an Islamic Jihad commander and his daughter
Russian drones hit Odessa and damaged residential homes, according to Interfax
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This stronger-than-expected growth suggests a resilient housing market despite broader economic concerns, which could have implications for consumer sentiment and spending, as well as potential signals for future monetary policy considerations around interest rates.
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