European Factors to Watch-Shares seen down, DAX set for worst month in 4 years
(Updates futures prices, adds company news)
LONDON Aug 31 (Reuters) - European shares headed for a sharply lower open on Monday, with concerns about a U.S. rate hike from as early as September and further weakness in Chinese stocks hurting sentiment.
At 0637 GMT, futures for the Euro STOXX 50, Germany's DAX and France's CAC 40 were down 0.8 to 1.0 percent. Trading volumes were likely to be thin as the UK market was closed on Monday for a public holiday.
The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in nearly a decade.
Shanghai stocks, which have plunged more than 40 percent since mid-June, were down 1.3 percent. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.3 percent and was on track for a fall of about 10 percent this month, while Japan's Nikkei fell 1.3 percent.
The euro zone's blue-chip Euro STOXX 50 index and Germany's DAX , both down about 9 percent in August so far, were set to record their worst monthly performance in percentage terms in four years.