Asia FX weakens on recession woes, yen supported by yield cap bets By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The was the best performing Asian currency for […]
China property sector woes persist – new home prices fall again
Data for China’s December new home prices down 0.25% m/m down 1.5% y/y On Friday I posted on further support for the sector: China will loosen restrictions on Chinese developers’ financing with changes to the “Collective management system for real estate loans” on banks and also on the “Three Red Lines” policy. China will add […]