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Global Economy

Fitch says China’s mortgage easing is unlikely to significantly revive housing demand as high inventories and weak buyer confidence continue to weigh on the property market

StockNow breaking-news AI analysis

Fitch views China's mortgage easing as unlikely to revive housing demand significantly due to elevated inventory and weak consumer confidence.

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Geopolitics

Iranian President says that "we will abide by the agreement if America does", Al Jazeera reports citing ISNA; ⁠"Iran will immediately reciprocate if ⁠the US fulfils its commitments under ‌an interim deal signed in June"

Geopolitics

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FX/Bonds

[MARKET UPDATE] DXY moves to fresh session highs (99.54), weighing on peers such as EUR & GBP; USD/JPY heads back towards the 160.00 level; move appears to be contained within the FX space