What you need to know before the open - 25/11

European markets are expected to rise this morning after gains in Asia and another record finish in the US. Sentiment has also received a boost from the deal with Iran regarding its nuclear programme. Brent crude prices started the week down 2.5 per cent.

Key events:

  • UK BBA mortgage approvals for October at 9.30am.
  • US pending home sales for October at 3.00pm. Expected at 2.0 per cent from -5.6 per cent.
  • US Dallas Fed manufacturing business index for November at 3.30pm.