The Australian economy released the Building Approvals for February, where the actual reading shoed a drop of 7.8% compare to the previous reading of 0.9% which revised to 1.1%, while the expectations refer to 0.5%.

On the other hand, the annual reading showed a drop of -15.2% which is worse than the expectations of - 5.3%, while the previous reading was revised to -14.7 from - 14.6%.