China new home prices dip, long way to recovery

Source: Reuters
Average China's property prices fell 6.1% in April on the annul basis, by posting the same decline as in the previous month, while prices calculated on month-on-month remained steady and were up from a 0.1% decrease in the prior month. The Chinese economy seems to be in a slowdown that is likely to keep pressure on the People's Bank of China to further easing of monetary policy.
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Tue, 19 May 2015 10:49:04 GMT

Expected inflation in New Zealand rises, Kiwi gains

New Zealand inflation expectations  for next two years increased to 1.85 % from the 1.8% expected in February, while year-ahead forecast jumped to 1.32% from the previous 1.11%. Expectations of future inflation can be reflected in real inflation that dampened a pressure on the RBNZ to cut its interest rate. After the release, the Kiwi gained about 0.62% to $0.7436

Thu, 23 Apr 2015 12:06:06 GMT

Oil prices drop amid strong Greenback, bombing, and record inventories

On Thursday, the oil prices dropped amid Yemen's revived bombing, stronger Greenback, and higher-than-expected crude inventory in the US. The WTI futures slipped 0.59% to $55.83 a barrel, when Brent futures edged lower 0.66% to $62.32 a barrel. Meanwhile, crude inventories added 5.3 million barrels last week, beating the estimate of 2.5 million barrels.

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