FTSE 100 is expected to make a weak start to the week following heavy losses on Wall Street on Friday and in Asia overnight.
Spread betting companies are calling the lead index down by around 50 points.
On Friday, US indices were deep in the red after the latest jobs report highlighted tight labour conditions despite a slowdown in hiring, which could indicate the Fed will proceed with aggressive interest rate hikes.
At the close, the Dow Jones fell by 2.1% at 29,297 points, while S&P 500 had fallen by 2.8% at 3,640 points, and the Nasdaq Composite lost 3.8% at 10,652.
While in Asia, stocks tumbled with Hong Kong’s Hang Seng leading the way as Chinese chip stocks listed in the City plunged following new export rules from the US.
In London, trading updates are expected from Unite Group PLC (LON:UTG) while the latest BRC retail sales data will give a further indication as to health of Britain’s high streets.