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China Index Academy’s China Real Estate Index System 100-city price index: July average second-hand residential price 12,584 yuan/sq m, down 0.44% MoM (decline widened 0.02 ppt vs June) and down 7.37% YoY. By tier MoM: first‑tier -0.25%, second‑tier

2026-08-03

China Index Academy’s China Real Estate Index System 100-city price index: July average second-hand residential price 12,584 yuan/sq m, down 0.44% MoM (decline widened 0.02 ppt vs June) and down 7.37% YoY. By tier MoM: first‑tier -0.25%, second‑tier -0.45%, third/fourth‑tier -0.48%; first‑tier monthly decline widened 0.09 ppt, while Shanghai continued to rise +0.09% MoM. YoY: first‑tier -6.61%, second‑tier -7.85%, third/fourth‑tier -7.20%. Eight cities up MoM, 92 cities down.

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2026-08-03

Australia July TD-MI inflation index YoY 4.0%, prior 3.9%.

Australia July TD-MI inflation index YoY 4.0%, prior 3.9%.
2026-08-03

JP Morgan says the US Treasury has limited liquidity to support coordinated yen intervention with Japan, though unconventional steps could materially expand capacity. Strategists Junya Tanase et al. note the Treasury's Exchange Stabilization Fund hel

JP Morgan says the US Treasury has limited liquidity to support coordinated yen intervention with Japan, though unconventional steps could materially expand capacity. Strategists Junya Tanase et al. note the Treasury's Exchange Stabilization Fund held about €13bn of euro assets and $25.5bn of other foreign assets assets as of June, small versus Japan's roughly $35–60bn intervention scale in 2022–26. Converting IMF Special Drawing Rights into dollars and swapping foreign-currency assets into dollars could, in theory, boost Treasury firepower to about $187bn; Federal Reserve participation could effectively double that. JP Morgan adds it does not expect unlimited Treasury intervention because ESF resources are finite and additional funding would likely require congressional appropriation.
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