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China home price growth eases in July, slowest since August 2016

Reuters out with the latest all China new home prices data for the month of July, revealing that the new home prices arrived at +9.7% y/y versus +10.2% previous. Meanwhile, on monthly basis, all China July new home prices came in at +0.4 pct m/m vs. +0.7% last. 

Key Details:

Beijing new home prices +8.9 pct y/y (June +10.7 pct)

Shanghai new home prices +7.3 pct y/y (June +8.6 pct)

Guangzhou new home prices +16.7 pct y/y (June +17.8 pct)

Shenzhen new home prices +0.5 pct y/y (June +2.7 pct)

BOJ buys JPY 1050 worth of JGBs, same amounts as previous operations

Today, the BOJ Japanese Government Bond (JGB) auction results showed that BOJ offered to buy JPY 1050 bln worth of JGBs, the same amounts as seen in t
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PBOC drains net CNY 110 bn via OMOs this week

PBOC drains a net CNY 110 bn via Open Market Operations (OMOs) this week versus a net drainage of CNY 30 bn seen last week. Meanwhile, the Central ba
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