Asian Markets were in the spotlight after hefty falls in many regional markets

Asian Markets were in the spotlight after hefty falls in many regional markets. The concerns were sparked by a National Bureau of Statistics housing report and as if often the case an emerging trend carries more weight than a single number. The chart attached highlights the decline in new house prices since 2013, it suggests prices on new homes will soon start falling into negative territory. While China's economy has been slowing for a while, the stark slowdown in the housing market seems to be pushing it into a new, risky phase. The key concern seems to be uncertainty about how China's banking system would handle a housing correction, if not an outright bust. Read More: (VIEW LINK)

2 topics

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.