FTSE 100 is expected to make a subdued start to trading with US markets closed yesterday and as investors continue to digest the appointment of the new UK Prime Minister, Liz Truss.
Spread betting companies are calling the lead index down by around 10 points.
Asian markets were mixed with attention focussed on the Reserve Bank of Australia, who went ahead with another 50bps rate hike, the fourth meeting in a row that rates have been increased.
The bank went on to say that further rate rises would be needed in the months ahead, and that they remained committed to returning inflation to 2%-3% over the medium term.
In London, trading updates are due from Berkeley Group Holdings PLC, Ashtead (LON:AHT) and DS Smith amongst others.