At midday, the FTSE 100 was trading 0.29% lower on the day at 7,387.0 on improved sentiment over US-China trade relations as we approach the day that trade negotiations will start.
Earlier today, United Kingdom Markit Manufacturing PMI registered at 48.3 and topped expectations of 47 in September. While, the Nationwide survey showed that house prices fell in September by 0.2%, below expectations of 0.5% as Brexit uncertainty weighs on the market.
Political risks from Washington are less in focus today, despite Democrats formally initiating impeachment proceedings against President Trump. On the Brexit front, PM Boris Johnson will present his Brexit plan to the EU in the next 24 hours.