While markets are experiencing a slight boost on the back of soft PMI data in the US, investors in the UK will be turning their attention to service data which is due tomorrow.
Preliminary forecasts showed services PMI slipped lower from 53.8 in February to 53.4 in March, lower than the market's consensus of 53.8.
Economists expect the final figure to be 53.4, but any surprises could affect the market, with signals of a stronger or weaker economy paving or blocking the way for an interest rate cut in summer.
March's slowdown represents the weakest month of growth in 2024, much of which has been attributed to tighter disposable incomes for households.
Trading updates: Co-op, Gooch & Housego
International earnings: Dollarama, Lamb Weston, RPM International, Conagra Brands
FTSE 100 ex-dividends to reduce index by: 2.2 points (InterContinental Hotels, Mondi, IMI, Rentokil Initial, Smiths Gp)
AGMs: Rio Tinto plc, Scottish American Investment Co plc
Economic announcements: S&P Global Services PMI (UK), BoE Decision Maker Panel (UK), ONS Business Insights (UK), SMMT new car sales (UK), Balance of Trade (US), Initial Jobless Claims (US)