Housing downturn accelerates | Oil falls as Trump holds fire | Yen intervention

1 hour ago The News Room

National property prices fell 0.7% in July, their fastest rate in nearly four years, as higher interest rates and unease over tax changes continue to impact buyer activity; oil prices fell sharply as Donald Trump called off planned strikes on Iran; and Japan and the US confirm a rare coordinated intervention to prop up the Japanese Yen, as the currency approached a fresh 40-year low.

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