The Traderszone Network

Reserve Bank of Australia House price Index for Q1, prices growing still y/y, but a dip q/q
-0.2 % q/q
– expected +0.8%, prior +0.2%
+6.8 % y/y
– expected +7.5%, prior +8.7%

The index is a weighted average of capital cities

In Open Market operations, People’s Bank of China inject 110bn yuan through 7 day reverse repos
A little more strength for the CNY today again

Here’s a piece from Reuters on liquidity considerations as we head into June 23
It’s a good background read on structural developments in markets:
–  …  prices, especially exchange rates, suddenly taking off in one direction or the other … Machine-led algorithms tend to jump on the bandwagon when they detect signs that assets might break out of ranges

Chinese hacking of corporate and government networks in the U.S.

read more

Asia markets took a breather on Tuesday, with indexes in Japan and South Korea dropping at the open despite Monday’s global rally.

Submitted by Max Blumenthal & Sarah Lazear via AlterNet.org,

read more

Imagine watching your parents do long hours of back-breaking work in extreme heat, then signing up to do the same. These kids did.