Investing.com - Mortgage approvals in the U.K. rose in line with expectations in March, industry data showed on Wednesday.
In a report, the British Banker's Association said that the number of new mortgages approved in March rose in line with expectations to 31,200 from February’s revised total of 30,600.
Following the release of that data, the pound was higher against the U.S. dollar, with GBP/USD adding 0.09% to trade at 1.5253.
Meanwhile, European stock markets held on to gains. London’s FTSE 100 added 0.2%, the EURO STOXX 50 rose 0.4%, France’s CAC 40 gained 0.3%, while Germany's DAX tacked on 0.2%.
In a report, the British Banker's Association said that the number of new mortgages approved in March rose in line with expectations to 31,200 from February’s revised total of 30,600.
Following the release of that data, the pound was higher against the U.S. dollar, with GBP/USD adding 0.09% to trade at 1.5253.
Meanwhile, European stock markets held on to gains. London’s FTSE 100 added 0.2%, the EURO STOXX 50 rose 0.4%, France’s CAC 40 gained 0.3%, while Germany's DAX tacked on 0.2%.