The Australian economy released its monthly building approvals, started inception during June, where the index released with -3.3%, compared with the pervious of -6.6%, which was revised to -6.4%, while the expectations were leading to 2%.

Moreover, annualized building approvals inclined to 13.2% in June, compared with a previous reading of 26.6% a year earlier, which revised to 29.7%, while the actual reading came lower than anticipations that estimated of 16%.