Morgan Stanley's recent survey has revealed a high level of skepticism among Chinese households towards the country's housing market, despite the implementation of property easing measures by Beijing. The poll included around 2,000 consumers and found over 80% of households hesitant or unsure about entering the market.
The dollar was largely rangebound on Wednesday, though remained weighed down by dovish Federal Reserve comments, as traders awaited the central bank's policy meeting minutes due later in the day for more clues on its interest rate outlook.
Asia's stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from Federal Reserve officials had traders paring U.S. interest rate expectations, though with a wary eye on U.S. inflation data due on Thursday.
Investor morale in the euro zone fell less than expected at the start of October, with Germany's economic weakness continuing to drag on the region but expectations rising slightly, a survey showed on Monday.
Rising debt levels among "seemingly healthy" countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist Indermit Gill told Reuters in an interview on Monday.
Asian shares rose on Tuesday in line with Wall Street's high note and bonds also rallied, boosted by dovish Federal Reserve remarks, while oil prices edged down after Monday's surge with the market remaining focused on the conflict in the Middle East.
