Proactive Investors - The FTSE 100 is expected to open higher as investors look ahead of inflation readings in the UK and US this week.
Spread betting companies are calling London’s lead index up by around 20 points after closing down 95.12 points at 7,360.55 on Friday.
US inflation figures are due on Tuesday and investors will be hoping the data backs the growing hopes that interest rates have peaked.
"While it seems improbable that anything less than a significant escalation in the current incoming price data would be sufficient to reconsider the possibility of a rate hike in December, this week's upcoming inflation figures from the US will likely reinforce the Federal Reserve's position that it is premature to conclusively determine whether consumer price growth in the world's largest economy is firmly and sustainably on track to reach the targeted 2%," said SPI Asset Management's Stephen Innes.
On Friday, US markets closed higher, while in Asia today, markets were mixed.
After the US market close, credit ratings agency Moody's on Friday downgraded its outlook on US debt to negative from stable, one week before crucial budget negotiations in Congress.
It maintained its AAA rating on US government debt.
Back in London, and a trading update from BAE Systems (LON:BAES) is expected plus house price data from Rightmove.