China's slowing property market tops the list of major economic risks, but some say it's time to buy the sector's "dirt cheap" stocks.
Japan's inflation came in as expected in June on Friday, boosted by the consumption tax hike that took effect in April.
After two years of stagnation, things are finally looking up for Asia's third largest economy.
The Singapore dollar surged to a nearly nine-month high this week, but the rally is likely to be cut short soon, analysts said.
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While underlying trends in Japan's inflation data remain soft, the central bank is unlikely to ease anytime soon, says Paul Mackel, Head of Asia Currency Research at HSBC.
Gina Sanchez, Chairwoman & Founder of Chantico Global, says a fall in U.S. new home sales for June, along with issues in wage growth and participation rate, underscore a weak U.S. recovery.
There is an "urgency" in Beijing to regulate the Chinese economy, notes Daniel Rosen, Founding Partner of Rhodium Group.