Japan released today its yearly housing starts which rose in December by 7.5% from the previous 6.8% and the expected 4.6%. As for the annualized reading the index rose by 0.861 million compared to the previous 0.847 million and the expected 0.859 million.

As for the yearly construction orders, it rose by 13.1% in December from the previous -5.3% and the expected 1.1%.