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UK property asking prices rise in sign housing market has bottomed out

Asking prices for British homes rose by the most in over a year in the four weeks to April 6, a survey showed, adding to other tentative signs that the housing market may have passed the worst of its slowdown ahead of Brexit.The 1.1 per cent monthly rise in asking prices was a bigger increase than usual at the start of the spring season and reduced the fall in prices in annual terms to 0.1 per cent, property website Rightmove said.Britain’s housing market has stumbled since the 2016 Brexit… Source…

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Have Chinese equities bottomed out? Trade war talks, infrastructure spending and boosted production all point to better days ahead

To understand how China’s equity markets could recover, we first need to understand why they fell. Summoning the courage to re-enter the market after an extended decline is not easy. To do so, one needs the clarity that can only come from taking apart and examining the major sell catalysts and determining whether they remain “live”. Economics, of course, played a big part in the initial sell-off. The two key developments in this area were the slowdown in global industrial production and the failure of China’s economic data (especially credit…

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