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Japan Housing Starts (YoY) below forecasts (11%) in July: Actual (7.4%)

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USD/JPY: Yen gains as risk-off grips Asia, hovers around 121 handle

USD/JPY took a breather in its recent upward rally and extends the drop in the Asian session, as the safe-haven status of the Japanese yen was bolstered after risk-aversion resurfaced amid Chinese equities falling back in the negative territory.
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Japan Construction Orders (YoY) down to -4% in July from previous 15.4%

Japan Construction Orders (YoY) down to -4% in July from previous 15.4%
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