European markets have opened in positive territory today ahead of policy meetings from the European Central Bank (ECB) and the Bank of England (BoE) wherein both the central banks are expected to maintain status quo.

Meanwhile, Halifax reported that its house price index in the UK climbed 2.4% in February compared to a revised 1.2% increase posted in the previous month. Later, markets participants would focus on US weekly jobless claims and factory orders data for further cues.

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