7.10am: Stocks set for drop
The FTSE 100 was set to give up some of Monday’s gains on Tuesday, with futures pointing to an 18-point drop to 8,325.
London’s blue chips had racked up a 43-point gain on Monday, aided by a rally among mining stocks after Beijing pledged further stimulus measures for next year.
Overnight, Asian markets had a mixed showing. South Korea’s Kospi rallied after recent drops in the wake of political uncertainty around last week’s martial law declaration.
Back in London, attention was on trading updates from Ashtead and Moonpig, as well as Centrica’s investor day.
5.00am: Tuesday's schedule
Centrica (LON:CNA), Moonpig and Ashtead will be among those to update on a busy Tuesday.
Commentary around Ashtead's outlook on an expected spending spree under incoming president Donald Trump will be watched for... Read more
Moonpig will need to prove positive momentum has continued after an upbeat update last time out... Read more
Centrica's investor event is set to draw attention as analysts anticipate a guidance hike... Read more
Announcements due:
Trading updates: Centrica PLC
Interims: Ashtead Group (LON:AHT) PLC, Ferguson PLC (LON:FERG), Moonpig Group PLC (LON:MOONM), Solid State PLC
Finals: Ncc Group PLC
AGMs: Agriterra Ltd, Ashoka India Equity Inv Trust PLc, Fidelity Emerging Markets Ltd, Henderson International Income (LON:HINT) Trust PLC, Ruffer Investment Co Ltd, Schroder Japan Trust PLC
Economic announcements: Consumer Price Index (GER)