The typical/expected market impact of this event is low.
The consensus forecast for Mortgage Approvals is 64.8K. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Mortgage Approvals was 64.53K against a forecast of 64.5K.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Mortgage Approvals result:
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Bank of England |
| Category: | Housing Market |
| Frequency: | Monthly |
| Australia | Building Permits (MoM) | ||
| New Zealand | Building Permits s.a. (MoM) | ||
| United States | Pending Home Sales (MoM) | ||
| United States | Existing Home Sales Change (MoM) | ||
| United States | New Home Sales Change (MoM) | ||
| United States | Housing Starts (MoM) | ||
| United States | Building Permits (MoM) |