The United States released the housing starts for the month of June, where housing starts rose by 14.6% to an annual rate of 629,000, compared with the prior revised estimate of 549,000 and above expectations of 579,000. The building permits index was also released for June, where building permits rose by 2.5% to an annual rate of 624,000, compared with the prior revised estimate of 609,000, and above expectations of 595,000.