Proactive Investors - The FTSE 100 is expected to modest progress when trading for the week begins ahead of durther debt ceiling talks in the US.
Spread betting companies are calling London’s lead index up by around 5 points.
US President Joe Biden will meet with Republican House Speaker Kevin McCarthy on Monday for another round of talks on raising the US debt ceiling less than two weeks before a key deadline to avoid a disastrous default, officials said.
In Asia, markets were mixed. The Nikkei 225 index in Tokyo continued its recent strong run, up 0.8%. In China, the Shanghai Composite was down 0.1%, while the Hang Seng index in Hong Kong was up 1.1%.
Back in London and house prices hit a new record high in May, as the housing market continued to defy pessimistic forecasts at the start of the year, figures from Rightmove showed.