In Shanghai, the stock market lost something, worried by house prices, which have fallen in 45 out of 70 cities (in another 21 prices have remained stable). But the poor performance of the Chinese Stock Exchange did not prevent the regional index from rising again, for the fifth consecutive day. Returning to the China, the real estate market is currently, according to many, the soft underbelly of the Chinese economy, but the fears seem exaggerated. House prices in America have fallen much more than in China but that hasn't stopped the US economy from eventually finding the path of growth. And China, which is starting from an expansion rate headway of around 8%, can certainly take advantage of this deflation, all in all useful and healthy, of the housing bubble.
In currency field, euro and yen are stable against the dollar, while the Australian and New Zealand dollars – always litmus papers for the love of risk – have recovered from the recent lull. Oil prices are firming up again: Saudi Arabia is pumping oil at its highest level since 1980, a sign that demand is growing and supply is suffering from the blockade on Iranian crude.
http://www.bloomberg.com/news/2012-03-19/asian-stocks-oil-rise-on-economy-new-zealand-dollar-advances.html
