The Japanese economy released today January's annualized housing starts, where it rose by -1.1% (0.822 million yens), compared with the prior reading of -7.3% (0.783 million yens), yet it exceeded expectations of ( 0.808 million yens).

on the other hand, the annualized construction orders in January massively rose to 24.6% compared with the prior reading of 1.5 a year earlier.