The Traderszone Network

Overnight CNH HIBOR in Hong Kong has jumped as China comes back from holiday
– AT 23.683% that’s a huge jump
– At it highest since January now
Overnight borrowing rates like this make it expensive to short the CNH. Short-term borrowing costs often tick higher ahead of holidays but … 1. not this high! and 2. the holiday has just finished.

Headlines are here: )
China property prices for August +9.2% y/y (prior +7.9%
If you’d like more, Bloomberg have a piece up now:
Value of homes sales in August rose at fastest in four months
And, Reuters:

This article is published in collaboration with Scutify, where you can
find real-time markets a

Submitted by Finian Cunningham via Strategic-Culture.org,

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Westpac on the Reserve Bank of New Zealand  meeting this week
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The Reserve Bank of New Zealand announcement will come at 2100GMT on Wednesday 21 September 2016

Japan’s demographic challenges are well-known: It’s home to the world’s oldest population and has a shrinking birthrate and an astonishing number of single people. But, as The Independent reports, it seems that, despite government efforts to incentivize marriage and child-rearing, things aren’t quite trending in the right direction.

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This will be a big cash boost for the State of Victoria in Australia
Its though a lot of it will be spent on infrastructure.
Says the local press:
– The proceeds from the sale have already been factored into the budget to fund Victoria’s promise to remove 50 level crossings over two terms.
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