Before the open - 21/08

Traders are expecting European markets to open lower after a mixed US session as it goes ex dividend today.

The big action in today's markets will come at 19.00 as the Federal Open Market Committee publishes its minutes.

Key events today:

  • UK July public sector net borrowing data at 09.30.
  • UK mortgage approvals for the period to 16 August at 12.00.
  • US July existing home sales change at 15.00. Expected to grow by 1.5 per cent from - 1.2 per cent.
  • US July existing home sales at 15.00. Expected to grow from 5.08m to 5.10m.