Proactive Investors - FTSE 100 is expected to open higher with investors eyeing the latest rate call from the Federal Reserve which is due after London closes, the first of three key interest rate decisions due this week.
Spread betting companies are calling the lead index up by around 10 points.
The markets are expecting a 25 basis point hike from the US central bank. In contrast, half a percent hikes are expected from the BoE and the ECB.
Ahead of that and there is plenty of corporate news in the diary with results from heavyweight names such as GSK PLC, Entain (LON:ENT) PC, Severn Trent PLC (LON:SVT) and Vodafone Group PLC (LON:VOD).
In the US markets rose strongly with the Dow closed up 387 points, 1.1% at 34,086, the Nasdaq Composite adding 191 points, 1.7%, to 11,585 and the S&P 500 improving 59 points, 1.5%, to 4,077.
The last session of January closed a banner first month of 2023 for the benchmarks. The Nasdaq Composite added more than 10% in January, while the S&P 500 and Dow rallied 6.2% and 2.8%, respectively. For the Nasdaq, January was the best-performing month since July, and for the S&P, this was the best January since 2019.
Stocks in Asia were higher, despite some disappointing data about China and Japan's manufacturing sectors.
In Tokyo, the Nikkei 225 index was up 0.1%. In China, the Shanghai Composite was up 0.7% and the Hang Seng index in Hong Kong was up 0.9%.