BANK OF JAPAN Deputy Governor UCHIDA said underlying inf approaching 2% warrants monitoring for upside risks.

1. Second-hand housing prices in Beijing, Shanghai, Guangzhou, and Shenzhen all rose, with institutions stating that first-tier city housing prices have reached a turning point. 2. National Bureau of Statistics: The year-on-year decline in sales prices of commercial residential buildings in first-, second-, and third-tier cities narrowed overall in May. 3. National Bureau of Statistics: Sales prices of commercial residential buildings in first-tier cities rose month-on-month, while those in second- and third-tier cities fell month-on-month. 4. National Bureau of Statistics: From January to May, national real estate development investment totaled 3.0356 trillion yuan, a year-on-year decrease of 16.2%. 5. National Bureau of Statistics: From January to May, the sales area of newly built commercial housing was 313.2 million square meters, a year-on-year decrease of 10.8%. 6. Shanghai: Focusing on stabilizing the market, strengthening guarantees, and optimizing services, striving to achieve a balance between supply and demand for commercial housing and overall price stability. 7. Guangzhou Huangpu releases regulations on the transfer of housing vouchers: Each voucher is allowed to be transferred once under a real name, with the usage period remaining unchanged and no subdivision for transfer allowed. 8. A residential land parcel in Changsha was sold at the reserve price of 374 million yuan. 9. Two residential land parcels in Hangzhou were sold for a total of 1.818 billion yuan, with one parcel having a premium of over 33%. 10. US homebuilder confidence fell to a low level in June, with the southern region significantly dragging down prices. 11. According to an agency, UK house asking prices fell 0.6% month-on-month in June, marking the largest drop in the same month in 14 years.

French President Macron: The reopening of the Strait of Hormuz must be free of charge.