Japan housing starts June -2.5% vs -2.7% exp

Japan June housing starts report 29 July 2016

• +9.8% prev
• annualized housing starts 1.004m vs 0.998m exp vs 1.017m prev
• construction orders June yy -2.4% vs 34.5% prev

Also out the BOJ's National core CPI reading June

• ex fresh food, energy yy +0.8% vs +0.7% vs +0.8% prev

USDJPY higher again at 103.45. Expect res/offers at 103.80-85 and larger into 104.00