US housing starts rose 3.9% mom to 1615k in August, above expectation of 1550k. Building permits rose 6.0% mom to 1728k, above expectation of 1600k. Also released, current account deficit came in at USD -190B in Q2, versus expectation of USD -187B.
US housing starts rose to 1.62m, building permits rose to 1.73m
