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Published on Wednesday, July 17, 2013

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Asia Flash | 18 Jul 2013: China housing prices continue to rise in June; S and P reaffirms Australia's AAA rating; Hong Kong unemployment rate edges down

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Summary

The dovish tone of the US Fed Chairman's testimony before Congress yesterday was well-received in Asian stock markets, which had been battered in May and June by worries of QE tapering.

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