Bright start predicted
The FTSE 100 is poised to open 54 points higher, with London catching the tailwind from a buoyant start to the week across Asia.
The good cheer traces back to Friday's US jobs report, which came in softer than hoped. Fewer workers, cooler wage growth, and suddenly the odds of an October rate hike from the Federal Reserve have slipped below one in four.
Bond markets took the hint as the 10-year Treasury yield eased to 5.25%; some relief after weeks of relentless selling.
In Asia, Japan's Nikkei 225 jumped 2.6% as tech led the charge, though China and South Korea sat it out for public holidays. Wall Street, fresh off a record close for the Nasdaq 100, looks set to add more.
Oil is the fly in the ointment, with Brent slipping back towards $101 as traders weigh fresh conflict in Yemen.
