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On September 15th, data from the National Bureau of Statistics showed that in August, the year-on-year decline in new residential property prices in first-tier cities was 0.9%, a decrease of 0.2 percentage points compared to the previous month. Specifically, prices in Beijing, Guangzhou, and Shenzhen fell by 2.3%, 1.9%, and 2.3% respectively, while Shanghai saw an increase of 3.0%. In second- and third-tier cities, the year-on-year declines in new residential property prices were 2.7% and 4.1% respectively, both narrowing by 0.1 percentage points. In August, the year-on-year decline in existing residential property prices in first-tier cities was 2.7%, a decrease of 1.0 percentage point compared to the previous month. Specifically, prices in Beijing, Shanghai, Guangzhou, and Shenzhen fell by 3.5%, 0.8%, 3.8%, and 2.7% respectively. In second- and third-tier cities, the year-on-year declines in existing residential property prices were 4.9% and 5.6% respectively, both narrowing by 0.2 percentage points.New Residential Housing Prices: 1. Beijing: August new residential housing prices -0.2% month-on-month (previous value -0.3%), -2.3% year-on-year (previous value -2.3%). 2. Shanghai: August new residential housing prices +0.4% month-on-month (previous value +0.2%), +3.0% year-on-year (previous value +3.0%). 3. Guangzhou: August new residential housing prices +0.1% month-on-month (previous value +0.1%), -1.9% year-on-year (previous value -2.2%). 4. Shenzhen: August new residential housing prices +0.2% month-on-month (previous value +0.2%), -2.3% year-on-year (previous value -2.9%). Second-hand Residential Housing Prices: 1. Beijing: August second-hand residential housing prices -0.1% month-on-month (previous value 0.0%), -3.5% year-on-year (previous value -4.5%). 2. Shanghais existing home prices in August increased by 0.3% month-on-month (previous value +0.3%) and decreased by 0.8% year-on-year (previous value -2.0%). 3. Guangzhous existing home prices in August remained unchanged month-on-month (previous value +0.4%) and decreased by 3.8% year-on-year (previous value -4.7%). 4. Shenzhens existing home prices in August increased by 0.1% month-on-month (previous value +0.2%) and decreased by 2.7% year-on-year (previous value -3.6%).National Bureau of Statistics: Beijings second-hand housing prices in August decreased by 0.1% month-on-month (previous value +0%) and decreased by 3.5% year-on-year (previous value -4.5%).According to the National Bureau of Statistics, the price of second-hand residential properties in Shenzhen rose 0.1% month-on-month in August (up 0.2% in the previous month) and fell 2.7% year-on-year (down 3.6% in the previous month).September 15th - The 2026 China Carbon Market Conference was held in Wuhan, Hubei Province this morning, and the "National Carbon Market Development Report (2026)" was released at the conference. Reporters learned that as of the end of August, the national carbon emission trading market had accumulated transactions exceeding 900 million tons, with a transaction value exceeding 60 billion yuan. The national carbon market has grown from nothing to a significant stage, playing a crucial role in promoting the achievement of carbon peaking and carbon neutrality goals.

BTC Fear & Greed Index Slips on a Bearish Monday Session

Jimmy Khan

Sep 06, 2022 16:02

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Bitcoin's (BTC) price dropped by 1.07% on Monday. BTC finished the day at $19,789, reversing a 0.85% gain from the previous day. BTC closed the day below $20,000 for the third time in four sessions, while testing the $20,000 mark.


BTC rose to an early high of $20,060 over a volatile morning before going back down. BTC declined to a morning low of $19,636 after failing to surpass the First Major Resistance Level (R1) at $20,165. At $19,715, BTC breached the First Major Support Level (S1). BTC challenged resistance above $20,000 with an afternoon high of $19,965 before falling down after finding support in the early afternoon.


Since there were no significant crypto-related happenings, BTC was left to the whims of the NASDAQ 100 Mini and the European equities markets.


The riskier assets were under pressure from negative sentiment brought on by dismal Eurozone economic data. There wasn't much movement in the NASDAQ 100 Mini to alter the mood since the US markets were closed.


The DAX declined by 2.22% on Monday. The NASDAQ 100 Mini, on the other hand, is up 115.5 points this morning, bolstering BTC and the larger crypto market.


Later on today, the NASDAQ 100 and the cryptocurrency market will be impacted by US economic figures. The day's most significant statistic is the crucial ISM Non-Manufacturing PMI. Better-than-expected service sector activity might increase Fed anxiety and test the public's willingness to invest in riskier assets.