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日本5年間の気候変動移行国債入札

China’s new home prices in 70 cities declined by 3.2% year-on-year in June 2025, slowing from a 3.5% drop in the previous month. While marking the 24th consecutive month of contraction, the latest reading was the slowest pace since April 2024 amid ongoing attempts by Beijing to mitigate the impact of the prolonged property weakness. Among major cities, prices decreased in Beijing (-4.1% vs -4.3% in May), Guangzhou (-5.1% vs -5.8%), Shenzhen (-2.5% vs -2.6%), Tianjin (-1.8% vs -2.0%), and Chongqing (-2.9% vs -3.2%). In contrast, prices in Shanghai continued to increase (6.0% vs 5.9%).

China New Home Prices Drop the Least in 14 Months

The benchmark KOSPI fell 0.17% to around 3,197 on Tuesday, retreating from a near four-year peak as investors raked in profits after a recent rally. Market sentiment turned cautious despite Trade Minister Yeo Han-koo signaling that an in-principle agreement with the United States was within reach, following high-level talks focused on averting steep tariffs. To sidestep the risk of a 25% tariff on its exports, South Korea is pushing to finalize a compromise trade agreements, while signaling a possible willingness to offer the US expanded access to its agricultural markets. Further weighing on sentiment, Yeo acknowledged that the remaining 20 days before the August 1 deadline may not be sufficient to conclude a fully detailed treaty. On the corporate front, notable losses were from SK Hynix (2.50%), Hyundai Motor (2.07%), Kia Corporation (1.94%), and KB Financial Group (1.52%).

South Korea Shares Retreat on Profit-Taking

The annual inflation rate in Cape Verde slowed to 1.8% in June 2025, down from 2.3% in the previous month. It marked the softest pace since last December, mainly due to a slowdown in the inflation of clothing and footwear (7.0% vs 9.0% in May), alcoholic beverages and tobacco (5.4% vs 5.6%), leisure, recreation and culture (2.0% vs 2.4%), and miscellaneous goods and services (6.8% vs 7.2%). Additionally,  transportation prices fell by 1.0%, compared to a 0.8% increase in May. On the other hand, inflation accelerated for hotels, cafes, and restaurants (8.2% vs 6.2%) and household equipment and current home maintenance (4.1% vs 3.8%). On a monthly basis, consumer prices rose by 0.2% in June, after remaining flat in the previous month.

Cape Verde Inflation Rate at 6-Month Low of 1.8%

Brent crude oil futures dropped toward $69 per barrel on Tuesday, extending losses from the previous session, after US President Donald Trump gave Russia a 50-day deadline to agree to a ceasefire, easing concerns that new sanctions could disrupt global crude supplies. Trump warned Russia on Monday to end its war in Ukraine within that time frame or face tariffs of up to 100%. At the same time, Trump announced new weapons for Ukraine, which would include Patriot air defence missiles Kyiv has urgently sought. Prices were also pressured by concerns that US tariffs could slow global economic growth and reduce energy demand. Trump announced a 30% tariff on products from the EU and Mexico, effective August 1, adding to similar warnings issued against other trading partners.

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