Britain's top share index is called to open higher after falling yesterday as eyes turn to a crunch emergency meeting tonight over Greece.
It is billed as the last throw of the dice for Athens to present a set of terms which its creditors can agree with over its debt repayments.
The talks will not feature controversial finance minister Yanis Varoufakis, who resigned of the referendum , where two thirds of the country voted a resounding "no" to agreeing to the previous set of bailout terms.
It could be a long day. The meeting is crunch as Greek banks will reportedly run out of money as of Wednesday night.
Meanwhile, the Greek saga pulled European indices down on Monday, with FTSE100 losing 50 points at 6,536. Today, financial spreadbetters are calling it to open around 16 points higher however.
In Germany, the DAX closed 167 points lower, while in Asia overnight it was a mixed picture.
In Japan, the Nikkei 225 soared 270 points to 20,382, but China's Shanghai composite index dropped 120 at 3,656 and was losing ground further at the time of writing. The recent share sell-off of Chinese equities has been well documented and the authorities attempts to stem the blood bath have not been effective. It has now pledged to get the index back to 4,500. Measures included companies suspending IPOs.
On the corporate front, a trading update from High Street bellwether Marks & Spencer (LON:MKS) is sure to be scrutinised.
While the food offering has come on in leaps & bounds under Marc Bolland’s watch, the clothing division remains problematic and the chief executive’s brow is likely to be knitted even tighter on Tuesday when the socks & knickers seller brings out a trading update that is expected to show cool weather in May and June put a crimp on sales.