US house sales data at 6% is actually a DROP. It was 7.6% last...

  1. 524 Posts.
    US house sales data at 6% is actually a DROP. It was 7.6% last month.

    Also..

    Real-estate transactions in Beijing, Shanghai and Shenzhen plunged in May as contracts dropped by as much as 70 percent from April.

    ,Chinese manufacturing expanded at a slower pace, adding to signs that growth may moderate in the world's third-biggest economy.

    "The property and manufacturing news fueled concerns for metals demand," Lu Youzhong, an analyst at China Futures Co., said from Chongqing. "To add to the woes, the PBOC lifted bill yields to drain liquidity."
 
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