At 4:30 am ET Tuesday, the Bank of England is scheduled to issue U.K. mortgage approvals for July. The number of mortgage approvals is expected to decline to 61,900 from 64,766 in June.

Ahead of the data, the pound rose against its major rivals.

As of 4:25 am ET, the pound was trading at 0.8542 against the euro, 1.2807 against the Swiss franc, 1.3072 against the U.S. dollar and 133.81 against the yen.

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