London equities are due to open with oil prices at around $50 a barrel or more after cartel Opec agreed an output cut, but a mixed session on Wall St's stocks ladders and slim gains in Asia point to cautious early FTSE trades.
At least some ballast will be provided today by a string of ex-dividend stocks in London, and the market will be looking out for UK, EU and US manufacturing data, along with jobless numbers for the latter two.
US & ASIA
On Wall St last night, Dow Jones Industrial Average rose 0.01% to 19,123.58, the S&P 500 fell 0.27% to 2198.81 and the Nasdaq Composite shed 1.05% to 5323.68.
In Asia this morning, the Nikkei 225 had risen 1.03% to 18,497.00, while the Hang Seng firmed 0.55% to 22,915.56.
At 6.12am, WTI crude was up 1.36% $50.11/bbl and Brent was up 8.82% to $50.47/bbl. Gold was up 0.21% to $1176.8/oz.
Interim results are due from Market Tech Holdings, while final results are expected from Greencore, Hotel Chocolat, Ibex Global, The Brighton Pier Group, PureCircle, Revolution Bars and Rambler Metals & Mining.
Shareholder meetings are to be held by ASOS, Hotel Chocolat, Ibex Global Solutions, The Brighton Pier Group, PureCircle, Revolution Bars and Rambler Metals and Mining.