Asian markets sold off moderately in overnight trade, with Hong Kong's Hang Seng down 1.1 percent. European shares are higher and U.S. futures point to a negative open.

 

Chinese property prices were flat in June, ending eight consecutive months of decline. Data from the National Bureau of Statistics showed increases of 0.3 percent and 0.2 percent for Beijing and Shanghai, respectively. Here's how China is stimulating all over the place >

 

The Bank of England's Monetary Policy Committee voted 7-2 to increase stimulus and could consider lowering interest rates, minutes of the July 4 and July 5 meeting released today shows.

 

U.K. unemployment eased to 8.1 percent in the quarter through May, a nine month low. The number of jobless Britons declined by 65,000 to 2.58 million.